814 E 2nd St - Freestanding FOR SALE


Veedersburg, IN 47987
$947,000 USD
814 E 2nd St, Veedersburg, IN for Sale
$947,000 USD
Freestanding - FOR SALE
1/5
null | 8.75% Cap Rate

814 E 2nd St
Veedersburg, IN 47987


HIGHLIGHTS

  • Bite-Sized Deal - Sub One Million Dollar Investment Opportunity
  • Best-in-Class Tenant with Investment Grade Parent - Dollar Tree, Inc. (NSADAQ: DLTR) FY2024 Revenues of $30.6+ Billion BBB/Stable S&P Credit Rating
  • Excellent Access & Visibility Along U.S. Route 136 & Proximity to Interstate 74 (19,000+ VPD)
  • Ideal Dollar Store Demographics - Limited Competition Within the Market

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar located in Veedersburg, IN (“the Property”). The Property consists of an 8,000-square-foot freestanding retail building on a 1.75-acre parcel of land. Family Dollar is operating under a NN lease with limited landlord responsibilities, offering a passive income investment.

FOR SALE DETAILS

PRICE

$947,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

8.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,230 SF

ZONING

Commercial

APN/PARCEL ID

23-11-06-417-006.000-018

ASK ABOUT THIS PROPERTY

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