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814 E 2nd St 8,000 SF Retail Building Veedersburg, IN 47987 $896,000 ($112/SF)
Investment Highlights
- Low-Maintenance Asset | Sub One Million Dollar Investment Opportunity
- Excellent Access & Visibility Along U.S. Route 136
- Ideal Dollar Store Demographics | Limited Competition Within the Market
- Established National Retailer | Over 8,000 locations
- Proximity to Interstate 74 | 19,000+ VPD
Executive Summary
Opportunity to purchase a fee simple interest in the Family Dollar located in Veedersburg, IN (“the Property”). The Property consists of an 8,000-square-foot freestanding retail building on a 1.75-acre parcel of land. Family Dollar is operating under a NN lease with limited landlord responsibilities, offering a passive income investment.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2009
Price
$896,000
Price Per SF
$112
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.75 AC
Zoning
C - Commercial
Parking
23 Spaces (2.88 Spaces per 1,000 SF Leased)
Frontage
132’ on 2nd St
Amenities
- Corner Lot
- Pylon Sign
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 23-11-06-417-006.000-018 | Improvements Assessment | $608,700 |
| Land Assessment | $38,100 | Total Assessment | $646,800 |
Property Taxes
Parcel Number
23-11-06-417-006.000-018
Land Assessment
$38,100
Improvements Assessment
$608,700
Total Assessment
$646,800
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814 E 2nd St
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