This property is Off-Market

1101 North State Road 267
Avon, IN 46123 ·

16,000 SF · Retail For Sale

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Former Avon Ace Hardware

Price N/A Property Use Type Vacant/Owner-User
Building Size 16,000 SF Distressed Yes
Property Type Retail Year Built 2008
Property Sub-type
Free Standing Bldg
More...
  • Flex Space
  • Retail (Other)
  • Retail Pad
Lot Size 2.30 AC
Listing ID: 17931350 Date Created: 11/30/2012 Last Updated: 05/14/2015

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.

Research

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

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