West Main Street & 6th Street - Freestanding FOR SALE


Austin, IN 47102
$1,867,550 USD
214-692-2289
West Main Street & 6th Street, Austin, IN for Sale
$1,867,550 USD
Freestanding - FOR SALE
1/3
null | 7.55% Cap Rate

West Main Street & 6th Street
Austin, IN 47102


HIGHLIGHTS

  • 2024 build-to-suit construction for Dollar Tree
  • ±9.25 Years remaining on an initial 10-Year lease
  • Four, 5-Year renewal options all of which include a $5,000 rent increase ($0.50 PSF)
  • Corporately guaranteed lease
  • The subject property comes with a 20-Year roof warranty
  • 5-Mile population of 17,544 residents

OVERVIEW

Broker of Record Kyle Matthews License No. RC52200195 (IN) 8668990550 Matthews Real Estate Investment Services Inc. 1600 W End Ave Nashville, TN

FOR SALE DETAILS

PRICE

$1,867,550 USD

PRICE/SF

$187 USD /SF

CAP RATE

7.55%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLLAR TREE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

72-03-36-320-156.000-003

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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