750 W 2nd St - Bank FOR SALE
Jasper, IN 47546 |
$5,007,803 USD
214-295-8565
750 W 2nd St
Jasper, IN 47546
HIGHLIGHTS
- TWO-PROPERTY GROCERY PORTFOLIO: The offering includes two IGA grocery store properties located in Olney, Illinois and Jasper, Indiana.
- ESTABLISHED BRAND PRESENCE: Founded in 1926, IGA is the world’s largest independent grocery chain, with over 763 locations across 38 U.S. states.
- GLOBAL FOOTPRINT: Beyond the U.S., IGA operates more than 6,000 stores across 41 countries, demonstrating international scale and network resilience.
- STRONG FRANCHISEE GUARANTEE: Both properties are operated and guaranteed by Houchens Food Group, offering strong franchisee backing.
- INSTITUTIONAL-QUALITY OPERATOR: Houchens Food Group is a 100% employee-owned independent retailer and ranks among the largest in the U.S..
FOR SALE DETAILS
PRICE
$5,007,803 USD
PRICE/SF
$112 USD /SF
CAP RATE
10.05%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
IGA PORTFOLIO
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
6.09 AC
LAND SF
265,280 SF
ZONING
-
APN/PARCEL ID
19-06-35-200-036.000-002
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214-295-8565
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214-295-8565
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