State Street Net Lease Portfolio Retail FOR SALE
New Albany, IN |
$8,787,000 USD
212-430-5291
State Street Net Lease Portfolio
New Albany, IN
HIGHLIGHTS
- Incredible Tenant Mix - Chipotle (NYSE: CMG), Panera Bread, and BofA (NYSE: BAC) with Over 11 WALT Years Remaining.
- Robust Traffic Counts on State Street (30k VPD) and Less than One-Half Mile from US-265 (70k VPD) and One Mile from US-64 (61k VPD).
- Thriving Community with an Average Household Income of Over $65K within Five Miles of the Subject Asset, as of 2023.
- Subject is 6 Miles from Downtown Louisville Kentucky with a Population of 1,365,557.
- Well Established State Street Retail Corridor | Nearby National Retailers Include: Target, Kroger, Home Depot, KFC, Arby’s, Chick-fil-A, and Others.
- Subject Shares a Traffic Light with the Entrance to Kroger and Populates the Pad Adjacent to Target.
OVERVIEW
Subjects are Newly Constructed Prime Retail Buildings Build-to-Suit for Chipotle, Panera
Bread and Bank of America. A Total of 10,817 Sq. Ft. on a 2.4-Acre Lot with Ample
Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located at a Signalized
Intersection, Available Together or Individually.
Traditional Net Leases with Minimal Landlord Responsibility and Warranties, Eleven Years WALT Remaining w/Rental Increases Every 5 Years
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212-430-5291
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212-430-5291
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