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220 E Mercer St
Spiceland, IN 47385
DOLLAR GENERAL · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 2021 Upgraded Construction for Dollar General
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Downtown Indianapolis is approximately 43 miles from the subject property
  • 11.5 Years Remaining on an Initial 15-year lease
  • The Subject Property is Located 8 miles from New Castle
  • New Castle is home of the Indiana Basketball Hall of Fame and a branch of Indiana University East

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.68 AC
Zoning
C
Parking
13 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
274’ on Mercer St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-17-17-431-459.000-026
Land Assessment
$192,100
Improvements Assessment
$787,900
Total Assessment
$980,000
  • Listing ID: 35001887

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 220 E Mercer St, Spiceland, IN 47385

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