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Tire Barn | Terre Haute, IN 4423 S US Highway 41 10,462 SF Retail Building Terre Haute, IN 47802 $2,400,000 ($229.40/SF) 8% Cap Rate
Investment Highlights
- Corporate NNN Lease (Munro Muffler Brake, Inc.)
- Tire Barn Has Been Operating in the Location for 25+ Years
- New Roof Installed in 2025
- Recent 5-Year Extension (Exp. 2/28/2030)
- 10,462-Square-Foot Property With a Large Parking Lot and Highway-Visible Billboard on Parcel
- The Location Benefits From Exceptional Visibility and High Daily Exposure; Strategically Positioned on S. US HWY 41
Executive Summary
Recent 5-Year Lease Extension | Publicly Traded Parent Company (NASDAQ: MNRO) | 25+ Year Operating History
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,462 SF
Building Class
B
Year Built
1991
Price
$2,400,000
Price Per SF
$229.40
Cap Rate
8%
NOI
$192,000
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.36
Lot Size
0.67 AC
Frontage
269’ on S US-41
Amenities
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $398,100 | |
| Land Assessment | $349,200 | Total Assessment | $747,300 |
Property Taxes
Parcel Numbers
Land Assessment
$349,200
Improvements Assessment
$398,100
Total Assessment
$747,300
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Photos
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Tire Barn | Terre Haute, IN | 4423 S US Highway 41
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