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417 Vincennes St
New Albany, IN 47150
 Retail Property For Sale

Retail Buildings Indiana New Albany 417 Vincennes St, New Albany, IN 47150

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INVESTMENT HIGHLIGHTS

  • Five Year Lease Extension in 2025, Now Leased Through 2/28/2031
  • Adjacent to Rally's and Across from White Castle
  • Double Net Lease with Corporate Guarantee
  • Part of a Nine Location Dollar General Portfolio and Available for Sale Individually

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,684 SF
Building Class
C
Year Built
1940
Price
$1,877,435 CAD
Price Per SF
$193.87 CAD
Cap Rate
7.50%
NOI
$140,769 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.68 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
55 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
211’ on Vincennes St

AMENITIES

  • Freeway Visibility
  • Pylon Sign

PROPERTY TAXES

Parcel Number 22-05-02-802-171.000-008 Improvements Assessment $220,259 CAD
Land Assessment $161,881 CAD Total Assessment $382,140 CAD

PROPERTY TAXES

Parcel Number
22-05-02-802-171.000-008
Land Assessment
$161,881 CAD
Improvements Assessment
$220,259 CAD
Total Assessment
$382,140 CAD
 

  • Listing ID: 37333255

  • Date on Market: 2025-08-19

  • Last Updated:

  • Address: 417 Vincennes St, New Albany, IN 47150

The New Albany Retail Property at 417 Vincennes St, New Albany, IN 47150 is currently available. Contact Marcus & Millichap for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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