8011 County 311 rd - Retail FOR SALE


Sellersburg, IN 47172
$3,578,000 USD
510-289-1166
8011 County 311 rd, Sellersburg, IN for Sale
$3,578,000 USD
Retail - FOR SALE
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8011 County 311 rd
Sellersburg, IN 47172


HIGHLIGHTS

  • 15-Year Corporate NNN Lease: Rare NNN lease structure with minimal landlord responsibilities limited to GAAP defined capital expenses only
  • Scheduled Rent Increases: 10% rent bumps every five years, including option periods
  • Investment Grade Tenant: Starbucks is rated BBB+ by Standard & Poor's
  • Brand New 2025 Construction with a Drive-Thru
  • Directly Across from Ivy Tech Community College: Serving 11,031 students, which generates consistent daily traffic to the site
  • 10 Minutes to Downtown Louisville: Strategic location just off I-65 (87,446 AAT) with direct access to the city

OVERVIEW

Sellersburg, Indiana is a thriving bedroom community in Clark County, just 10 minutes north of downtown Louisville with direct access via Interstate 65. The area offers strong fundamentals including the highest median home values, household income, and youngest average population in the county, bolstered by top-ranked schools and overall affordability. The subject property is strategically located along County Road 311 (20,194 AADT) with immediate access to I-65 (87,446 AADT), surrounded by national retailers such as Wendy’s, Taco Bell, Circle K, Walgreens, and Tractor Supply. It sits across from Ivy Tech Community College’s 11,000-student campus and an Indiana State Police post, further supporting steady daily traffic. Greater Louisville, a bi-state metro of nearly 1.4 million residents, offers a pro-business environment, a diverse economy led by healthcare, logistics, and manufacturing, and has been ranked a Top 5 U.S. Metro for Economic Development by Site Selection Magazine. Major employers like UPS, Yum! Brands, and Humana are headquartered in the region, which is also home to key attractions such as the University of Louisville, Churchill Downs, and the Louisville Slugger Museum. The area is served by Louisville Muhammad Ali International Airport (SDF), a major passenger and cargo hub. Surrounding the property is a mix of established and growing residential communities—including over 600 new and recent housing units—providing a strong and expanding consumer base. In Association with Scott Reid & ParaSell, Inc. | A licensed Indiana Broker #RC51900187

FOR SALE DETAILS

PRICE

$3,578,000 USD

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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