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407 E Center St
Bourbon, IN 46504
Retail Property For Sale
Investment Highlights
- Minimal Landlord Responsibilities
- 2.5 years remaining on Family Dollar NN Lease
- Family Dollar has occupied this location for approximately 12 years
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.00 AC
Zoning
C-1 - Commercial
Frontage
10’ on CENTER ST
About 407 E CENTER ST , BOURBON, IN 46504
Subject property is located at the NEC of Old Lincoln Hwy and East 12B Rd. adjacent to a Dairy Queen and other local retail. It consists of a 8,000 SF, single story, free-standing retail building built in 2007 with and ingress/egress on both Lincoln Hwy and E Center Street. The asset is secured by a lease from Family Dollar with approximately 2.5 years remaining on their first 5-year renewal option, expiring June 30, 2023. There are four 5-year options remaining to extend the lease.
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