- For Sale $5,950,000
- Property Type Retail
- Property Size 14,866 SF
- Lot Size 1.38 Acre
- Cap Rate % 7.25
- Date Updated Sep 12, 2025
SRS National Net Lease is pleased to offer the opportunity to acquire the leasehold interest (building ownership) in an absolute NNN leased, CVS Pharmacy investment property located in Westfield, Indiana (Indianapolis MSA). The tenant has approximately 18 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 7.5% rental increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. CVS Pharmacy is America’s leading retail pharmacy with nearly 10,000 locations across 49 states.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
32/100 Car-Dependent
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Bike Score ®
60/100 Bikeable
- City Westfield, IN
- Neighborhood Springmill Trails
- Zip Code 46074
- Market Indianapolis
Points of Interest
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Speedway
0.05 miles
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GetGo
0.24 miles
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Meijer
0.81 miles
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Kroger Fuel
1.77 miles
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BP
2.68 miles
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Shell
2.71 miles
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GetGo Café + Market
3.56 miles
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McClure
4.10 miles
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Tesla Supercharger
4.95 miles
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ChargePoint
5.93 miles
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Clay Terrace Parking Area G
3.12 miles
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Clay Terrace Parking Area A
3.17 miles
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Clay Terrace Parking Area F
3.20 miles
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Clay Terrace Parking Area E
3.27 miles
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Clay Terrace Parking Area B
3.31 miles
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Clay Terrace Parking Area C
3.41 miles
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Clay Terrace Parking Area D
3.41 miles
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Parking Garage
4.57 miles
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Veterans Way Garage
5.27 miles
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Dillon Park Parking
5.29 miles
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Chick-fil-A
0.03 miles
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Birdies Grill House & Sports Bar
0.10 miles
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Portillo's
0.16 miles
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McDonald's
0.22 miles
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Culver's
0.31 miles
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Greeks Pizzeria of Westfield
0.79 miles
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CHIBA INDIANAPOLIS
0.80 miles
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Wolfies Grill
0.86 miles
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Erika's Place
0.95 miles
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Grand Junction Brewing Company
0.95 miles
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Meijer
0.95 miles
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Kroger
1.70 miles
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Target
2.55 miles
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Walmart Supercenter
2.79 miles
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ALDI
3.05 miles
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Village Park Plaza
3.10 miles
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Kohl's
3.11 miles
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Whole Foods Market
3.16 miles
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The Fresh Market
3.21 miles
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Fresh Thyme
3.52 miles
Frequently Asked Questions
The space currently listed for sale at 730 IN-32 asks for $5,950,000.
730 IN-32 totals 14,866 square feet.
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