8390 State Road 64 - Freestanding FOR SALE
Georgetown, IN 47122 |
$1,392,899 USD
425-274-6696
8390 State Road 64
Georgetown, IN 47122
HIGHLIGHTS
- Absolute NNN lease for Family Dollar with zero landlord responsibilities
- Corporate tenant — Family Dollar Stores of Indiana, L.P. with 7,100+ locations
- 10% rental increases in each of the Six, 5-year options10% rental increases in each of the Six, 5-year options10% rental increases in each of the Six,
- Median household income of $107,500 in the immediate 47122 zip code
- Recession resistant discount retail tenant with resilient consumer demand
- High homeownership rate of 80.8% and local unemployment rate of ~1.2%
FOR SALE DETAILS
PRICE
$1,392,899 USD
PRICE/SF
$161 USD /SF
CAP RATE
8.45%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
GR
APN/PARCEL ID
22-02-03-300-012.000-003
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425-274-6696
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425-274-6696
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