1200 Morton Ave - Freestanding FOR SALE


Martinsville, IN 46151
$1,839,360 USD
317-408-0886
1200 Morton Ave, Martinsville, IN for Sale
$1,839,360 USD
Freestanding - FOR SALE
1/8
null | 6.25% Cap Rate

1200 Morton Ave
Martinsville, IN 46151


OVERVIEW

- Relocated Store: Backed by 20+ years of success in this market - Brand-New Construction: 10-Year Primary Lease Term with Three (3) Five-Year Renewal Options - TCC: Verizon Authorized Retailer with 30+ Years of Operating History and 549 Locations in 42 States - NN+ Lease: Minimal Landlord Responsibilities - Surrounding National Tenants: Kroger, McDonald’s, Taco Bell, Starbucks, Culver’s, Wendy’s, Planet Fitness, & many more - Location: 40 Minutes to Downtown Indy and 20 Minutes to IU Bloomington (51,000 Students)

FOR SALE DETAILS

PRICE

$1,839,360 USD

PRICE/SF

$920 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon (TCC) - Martinsville, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

55-13-08-230-024.100-021

ASK ABOUT THIS PROPERTY

Jon BannisterVeritas RealtyMore Info
317-408-0886

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Jon BannisterVeritas RealtyMore Info
317-408-0886

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