1521 James Ave - Restaurant FOR SALE


Bedford, IN 47421
$5,942,857 USD
310-486-9900
1521 James Ave, Bedford, IN for Sale
$5,942,857 USD
Restaurant - FOR SALE
1/5
null | 7% Cap Rate

1521 James Ave
Bedford, IN 47421


HIGHLIGHTS

  • Situated Along State Road 37, a Major Thoroughfare in Indiana, Offering High Visibility and Easy Access with Strong Traffic Counts Exceeding 36,000 V
  • Nearby Several Retailers Including Lowe’s, Big Lots, Harbor Freight, ALDI, Durham Sports, KFC, Joann, Goodwill, Walmart Supercenter, Dollar Tree, Bob
  • Part of Bloomington Metropolitan Area – An Important Hub in Indiana With a Population Exceeding 160,000
  • Brand New 20 Year Lease to Begin at COE
  • Absolute Triple Net (NNN) Lease – Absolute NNN Lease With Zero Landlord Responsibilities
  • Attractive Rental Increases | 10% Every 5 Years, Including Option Periods

OVERVIEW

Brand New 20-Year Sale Leaseback | Zero Landlord Responsibilities | High Performing Site | Healthy Sales Ratio | Part of the Bloomington MSA

FOR SALE DETAILS

PRICE

$5,942,857 USD

PRICE/SF

$759 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden Corral | 20YR Lease | Bloomington MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

-

APN/PARCEL ID

47-06-16-400-057.000-010

ASK ABOUT THIS PROPERTY

Robert NarchiMarcus & MillichapMore Info
310-486-9900

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

Robert NarchiMarcus & MillichapMore Info
310-486-9900

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