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128 E Maple St
Jeffersonville, IN 47130
Retail Property For Sale
Investment Highlights
- Heavy daytime foot traffic
- Situated in a residential area
- Location has easy access to I-65
Executive Summary
Grocery store with a tenant in place offering over 9,900 square feet of finished space! This building has 20 parking spots and is located close to I-65 within a downtown neighborhood. The tenant in place has a lease term or 10 years with 2 5 year options. Lease starts at $5,500/mo with an increase of 3% increase each year. 10 year lease value = $756,600. Total 20 year lease value $1,773,420. It’s a triple net lease. All items pertaining to existing grocery store including fixtures, materials, registers, carts, stock, etc can be included with the sale and is inclusive within the price listed above with existing lease
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Supermarket
Building Size
9,905 SF
Building Class
C
Year Built
1920
Price
$750,000
Price Per SF
$75.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.57
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial located in a downtown residential area
Parking
20 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Property Taxes
| Parcel Number | 10-19-00-100-618.000-010 | Improvements Assessment | $676,100 |
| Land Assessment | $38,600 | Total Assessment | $714,700 |
Property Taxes
Parcel Number
10-19-00-100-618.000-010
Land Assessment
$38,600
Improvements Assessment
$676,100
Total Assessment
$714,700
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