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Goodwill 33 Hayes Arboretum Rd 12,600 SF Retail Building Richmond, IN 47374 $2,471,538 ($196.15/SF) 6.50% Cap Rate
Investment Highlights
- 12,600 SF store with current rents at $12.75 PSF Built in 2019
- Minimal Landlord Responsibilities leaves landlord with a strong passive investment
- Surrounded by Many National Tenants Such as: Burger King, Walmart, Starbucks, Hobby Lobby, Best Buy, Menards, Aldi, KFC and Many More
- Relocation store for Goodwill proves that this will be a long-term play for Goodwill - They have been in this market for more than 30 years
- Goodwill of Central Indiana has over $300M in revenue which provides a strong Guarantee
Executive Summary
12,600 SF store with current rents at $12.75 PSF Built in 2019
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,600 SF
Building Class
C
Year Built
2018
Price
$2,471,538
Price Per SF
$196.15
Cap Rate
6.50%
NOI
$160,650
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.62 AC
Zoning
ZO01
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
Property Taxes
| Parcel Number | 89-16-35-410-213.000-030 | Improvements Assessment | $0 |
| Land Assessment | $24,300 | Total Assessment | $24,300 |
Property Taxes
Parcel Number
89-16-35-410-213.000-030
Land Assessment
$24,300
Improvements Assessment
$0
Total Assessment
$24,300
Contacts
-
Deno Bistolarides -
Kaleb Rupp -
Hunter Rupp -
Gabe Nitschke -
Encore Real Estate Investment Services
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Goodwill | 33 Hayes Arboretum Rd
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