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Investment Highlights

  • Absolute NNN lease with tenant responsible for all expenses, providing passive income.
  • National brand with 15,000 locations and strong credit, ranked #2 in the U.S.
  • Located in a strong retail corridor with major national retailers nearby.
  • Circle K operates 24 hours, capturing consistent fueling and convenience store demand.
  • Prime signalized corner location with excellent visibility and access.
  • Potential for 100% bonus depreciation, offering tax advantages for investors.

Executive Summary

Kyle Matthews
Matthews Real Estate Investment Services, Inc
License # RC52200195, RB17001213 (IN)
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,500 SF
Year Built
1975
Price
$1,373,843 CAD
Price Per SF
$915.90 CAD
Cap Rate
5%
NOI
$68,692 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.37 AC
Frontage
128’ on Clifty Dr

Nearby Major Retailers

Zaxby's
Ponderosa Steakhouse
Scooter's Coffee
Kroger
Toyota
German American Bank
First Financial bank
Frisch's Big Boy
Snap Fitness 24/7
Curves

Property Taxes

Property Taxes

Parcel Number
39-08-22-441-001-000-007
Land Assessment
$217,389 CAD
Improvements Assessment
$70,600 CAD
Total Assessment
$287,989 CAD
  • Listing ID: 39749374

  • Date on Market: 2026-03-12

  • Last Updated:

  • Address: 115 Clifty Dr, Madison, IN 47250

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