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DOLLAR TREE West Main Street & 6th Street 10,000 SF Retail Building Austin, IN 47102 $1,867,550 ($186.76/SF) 7.55% Cap Rate
Investment Highlights
- 2024 build-to-suit construction for Dollar Tree
- Four, 5-Year renewal options all of which include a $5,000 rent increase ($0.50 PSF)
- The subject property comes with a 20-Year roof warranty
- ±9.25 Years remaining on an initial 10-Year lease
- Corporately guaranteed lease
- 5-Mile population of 17,544 residents
Executive Summary
Broker of Record
Kyle Matthews
License No. RC52200195 (IN)
8668990550
Matthews Real Estate Investment Services Inc.
1600 W End Ave Nashville,
TN
Kyle Matthews
License No. RC52200195 (IN)
8668990550
Matthews Real Estate Investment Services Inc.
1600 W End Ave Nashville,
TN
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
$1,867,550
Price Per SF
$186.76
Cap Rate
7.55%
NOI
$141,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.00 AC
Zoning
Commercial - Commercial
Frontage
60’ on Main St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- DOLLAR TREE
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| DOLLAR TREE | - | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 72-03-36-320-156.000-003 | Improvements Assessment | $15,100 |
| Land Assessment | $6,500 | Total Assessment | $21,600 |
Property Taxes
Parcel Number
72-03-36-320-156.000-003
Land Assessment
$6,500
Improvements Assessment
$15,100
Total Assessment
$21,600
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
DOLLAR TREE | West Main Street & 6th Street
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