3828 India 59 - Retail FOR SALE


Brazil, IN 47834
$1,295,201 USD
812-320-8483
3828 India 59, Brazil, IN for Sale
$1,295,201 USD
Retail - FOR SALE
1/4
null | 7.25% Cap Rate

3828 India 59
Brazil, IN 47834


HIGHLIGHTS

  • Absolute NNN Lease - No Landlord Responsibilities
  • “Dollar General Plus” Store Prototype – Larger Footprint of 10,640 Square Feet | Concrete Parking Lot | Metal Roof | New Build in 2021
  • Benefits from Close Proximity to I-70 and Area Retail With Travelers and Hotel Guests | Excellent Exposure: ~ 43,000 Combined VPD

OVERVIEW

“Dollar General Plus” Store Prototype – Larger Footprint of 10,640 Square Feet | Concrete Parking Lot | Metal Roof | New Build in 2021 Benefits from Close Proximity to I-70 and Area Retail With Travelers and Hotel Guests | Excellent Exposure to Combined Traffic Count of just under 43,000 VPD | Excellent Visibility from I-70 on IN-59 (8,694 VPD) Adjacent to Best Western Plus Covered Bridge Inn – Best Western was a New Build in 2012 and is Currently Being Remodeled and Expanded Nearby Rodeway Inn, Pilot Travel Center, Speedway Travel Center, Road Ranger Truck Stop, and Petro Travel Center, and Area Restaurants Including McDonald’s, Burger King, Subway, and Cinnabon 16 Miles from Terre Haute, IN | Brazil is Part of the Terre Haute MSA With a Population of 168,787 | 60 Miles from Indianapolis, IN Average Household Income Within Three Miles is $77,056 – Above the National Average 12+ Years Remaining on an Absolute NNN Lease – No Landlord Responsibilities| 10% Rental Increases in Each Five 5-Year Option Corporate Guarantee| Dollar General (NYSE: DG) Has Over 20,000 Locations in 48 | States | Investment Grade Tenant | BBB Rating by S&P

FOR SALE DETAILS

PRICE

$1,295,201 USD

PRICE/SF

$122 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | Terre Haute MSA

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

9.38 AC

LAND SF

408,674 SF

ZONING

Commercial

APN/PARCEL ID

11-04-31-200-016.003-007

ASK ABOUT THIS PROPERTY

Damien YoderMarcus & MillichapMore Info
812-320-8483

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Damien YoderMarcus & MillichapMore Info
812-320-8483

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