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Former Avon Ace Hardware

1101 North State Road 267, Avon, IN 46123

N/A

16,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
16,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Flex Space
Retail (Other)
Retail Pad
Property Use Type:
Vacant/Owner-User
Distressed:
Yes
Year Built:
2008
Lot Size:
2.30 AC
Listing ID
17931350
Last Updated
78 days ago

Description

Reduced asking price $650,000
Reduced asking price represents 25.8% Cash-On-Cash Return
(Based on $10.50 psf NNN rate)
Building priced at less than 35% of replacement cost
Average Household Income $106,177 (1 mile radius)
Intersection, SR 267 & 10th Street has over 27,000 ADT

Property Details
6-year-old building (built 2008)
16,000 SF building with 16 foot clears
3,000 SF fenced outdoor sales area
Ground level roll-up door
2.30 acre parcel
Close proximity to SR 36 (main thoroughfare in Avon) and 4 miles
from Brownsburg on SR 267
Zoned C-2 (Avon)

The former Ace Hardware building is an excellent flex or destination retail site that is located conveniently between Brownsburg and Avon on the main thoroughfare between those two communities. The location provides the 33,000 population base within a 3 mile radius easy access to the site.

Map of 1101 North State Road 267, Avon, IN 46123 (Hendricks County)

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