1005 N Riley Hwy - Convenience Store FOR SALE
Shelbyville, IN 46176 |
$2,350,861 USD
214-692-2040
1005 N Riley Hwy
Shelbyville, IN 46176
HIGHLIGHTS
- Absolute NNN Lease: The asset is subject to an absolute triple-net lease, with the tenant responsible for all property expenses, including maintenance
- Established Operating History: Circle K has successfully operated at this location since 2010, demonstrating long-term operational stability
- National Brand Strength: Circle K is a top-tier convenience store operator, ranking second nationally with approximately 15,000+
- Minimal Local Competition: The site enjoys limited direct competition from nearby fuel stations or convenience stores
- Generous Lot Size: Situated on ±2.21 acres, the parcel offers an optimal footprint for gas station and convenience store development
- Strategic Location within the Indianapolis Metroplex: Located in Hendricks County, Shelbyville benefits from its strategic position
FOR SALE DETAILS
PRICE
$2,350,861 USD
PRICE/SF
$746 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Circle K
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
2.21 AC
LAND SF
96,268 SF
ZONING
Commercial
APN/PARCEL ID
73-07-32-100-010.000-002
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214-692-2040
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214-692-2040
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