105 Morton Ave - Freestanding FOR SALE


Martinsville, IN 46151
$1,991,864 USD
317-218-5316
105 Morton Ave, Martinsville, IN for Sale
$1,991,864 USD
Freestanding - FOR SALE
1/5
null | 6.7% Cap Rate

105 Morton Ave
Martinsville, IN 46151


HIGHLIGHTS

  • LESS THAN 30 MINUTES HOUR FROM INDIANAPOLIS & INTERSTATE 465 | STRATEGIC LOCATION
  • ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES | RENTAL INCREASES
  • LIMITED COMPETITION | OVER-SIZED RELOCATION STORE WITH EXPANDED GROCERY
  • FORTUNE 500 RETAILER | TOP PERFORMING STORE | SUCCESSFUL LOCATION MARKET

OVERVIEW

Marcus & Millichap is pleased to present for sale the Dollar General located in Martinsville, Indiana. The offering consists of an over-sized 12,000 square-foot store, operating under an absolute NNN lease with approximately 9 years of firm lease term remaining. This investment provides a truly passive income stream with zero landlord responsibilities in a stable, long-term tenancy.

FOR SALE DETAILS

PRICE

$1,991,864 USD

PRICE/SF

$160 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

-

APN/PARCEL ID

55-13-04-340-006.001-021

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.