220 E Mercer St - Freestanding FOR SALE
Spiceland, IN 47385 |
$1,300,000 USD
281-757-2709
220 E Mercer St
Spiceland, IN 47385
HIGHLIGHTS
- 2021 Upgraded Construction for Dollar General
- 11.5 Years Remaining on an Initial 15-year lease
- Absolute NNN Lease – Zero Landlord Responsibilities
- The Subject Property is Located 8 miles from New Castle
- Downtown Indianapolis is approximately 43 miles from the subject property
- New Castle is home of the Indiana Basketball Hall of Fame and a branch of Indiana University East
FOR SALE DETAILS
PRICE
$1,300,000 USD
PRICE/SF
$143 USD /SF
CAP RATE
6.92%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
13
LAND DETAILS
LAND ACRES
1.68 AC
LAND SF
73,181 SF
ZONING
C
APN/PARCEL ID
33-17-17-431-459.000-026
ASK ABOUT THIS PROPERTY
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281-757-2709
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Please correct the highlighted field(s).
281-757-2709
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