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570 Saraina Rd
Shelbyville, IN 46176
Goodwill · Retail Property For Sale
Investment Highlights
- 5+ Years Of Lease Term Remaining | Secure, Long-Term Tenancy In Place
- Institutional-Quality Tenant | Goodwill Industries Of Central & Southern Indiana Operates Over 75 Retail Stores, 4 Outlets, And 3 Boutiques
- Premium Retail Location | 1.90-Acre Parcel Directly Adjacent To Kroger-Anchored Shopping Center
- Established Location Since 2009
- Proven Commitment To Site | Tenant Has Already Executed Two Lease Extensions
- Excellent Accessibility & Visibility | Less Than Five Minutes From I-74 (Exit 116) With 39,117 Vehicles Per Day
Executive Summary
5+ Years Of Lease Term Remaining | Secure, Long-Term Tenancy In Place
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,375 SF
Building Class
B
Year Built
2009
Price
$3,004,753 CAD
Price Per SF
$242.81 CAD
Cap Rate
6.50%
NOI
$195,310 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.90 AC
Zoning
Comm
Parking
55 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
381’ on Saraina Rd.
Property Taxes
| Parcel Number | 73-11-04-100-137.000-002 | Improvements Assessment | $1,247,923 CAD |
| Land Assessment | $354,491 CAD | Total Assessment | $1,602,414 CAD |
Property Taxes
Parcel Number
73-11-04-100-137.000-002
Land Assessment
$354,491 CAD
Improvements Assessment
$1,247,923 CAD
Total Assessment
$1,602,414 CAD
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