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Verizon (TCC) - Martinsville, IN 1200 Morton Ave 2,000 SF Retail Building Martinsville, IN 46151 $2,534,638 CAD ($1,267.32 CAD/SF) 6.25% Cap Rate
Executive Summary
- Relocated Store: Backed by 20+ years of success in this market
- Brand-New Construction: 10-Year Primary Lease Term with Three (3) Five-Year Renewal Options
- TCC: Verizon Authorized Retailer with 30+ Years of Operating History and 549 Locations in 42 States
- NN+ Lease: Minimal Landlord Responsibilities
- Surrounding National Tenants: Kroger, McDonald’s, Taco Bell, Starbucks, Culver’s, Wendy’s, Planet Fitness, & many more
- Location: 40 Minutes to Downtown Indy and 20 Minutes to IU Bloomington (51,000 Students)
- Brand-New Construction: 10-Year Primary Lease Term with Three (3) Five-Year Renewal Options
- TCC: Verizon Authorized Retailer with 30+ Years of Operating History and 549 Locations in 42 States
- NN+ Lease: Minimal Landlord Responsibilities
- Surrounding National Tenants: Kroger, McDonald’s, Taco Bell, Starbucks, Culver’s, Wendy’s, Planet Fitness, & many more
- Location: 40 Minutes to Downtown Indy and 20 Minutes to IU Bloomington (51,000 Students)
Data Room Click Here to Access
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
2025
Price
$2,534,638 CAD
Price Per SF
$1,267.32 CAD
Cap Rate
6.25%
NOI
$158,415 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.99 AC
Opportunity Zone
Yes
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 55-13-08-230-024.100-021 | Improvements Assessment | $58,342 CAD |
| Land Assessment | $462,075 CAD | Total Assessment | $520,417 CAD |
Property Taxes
Parcel Number
55-13-08-230-024.100-021
Land Assessment
$462,075 CAD
Improvements Assessment
$58,342 CAD
Total Assessment
$520,417 CAD
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Verizon (TCC) - Martinsville, IN | 1200 Morton Ave
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