13890 Cabela Pky - Freestanding FOR SALE
Noblesville, IN 46060 |
$5,165,381 USD
332-345-4222
13890 Cabela Pky
Noblesville, IN 46060
HIGHLIGHTS
- Attractive Rental Increases Subject to rental increases of 10% every 5 years.
- Attractive Real Estate Fundamentals The subject property is located adjacent to Hamilton Town Center, which features over 100 national tenants.
- Corporate Guarantee This lease is guaranteed by Duluth Holdings Inc which has over 60 locations nationwide with a goal of continued growth.
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Duluth
Trading Company located at 13890 Cabela Parkway, Noblesville,
IN 46060. The site consists of roughly 14,557 rentable square feet
of building space on an estimated 2.73-acre parcel of land. This
Duluth Trading Company is subject to a 15-year Double Net (NN)
lease, which commenced 3/1/2017. The current annual rent is
$400,317 and has scheduled increases of 10.00% Every 5 Years.
FOR SALE DETAILS
PRICE
$5,165,381 USD
PRICE/SF
$355 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Duluth Trading Company
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
99
LAND DETAILS
LAND ACRES
2.73 AC
LAND SF
118,962 SF
ZONING
PUD
APN/PARCEL ID
29-11-23-000-011.029-021
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332-345-4222
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332-345-4222
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