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DOLLAR TREE West Main Street & 6th Street 10,000 SF Retail Building Austin, IN 47102 $2,606,950 CAD ($260.70 CAD/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
$2,606,950 CAD
Price Per SF
$260.70 CAD
Cap Rate
7.55%
NOI
$196,825 CAD
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 | $21,165 CAD |
| Land Assessment | $9,111 CAD | Total Assessment | $30,276 CAD |
PROPERTY TAXES
Parcel Number
72-03-36-320-156.000-003
Land Assessment
$9,111 CAD
Improvements Assessment
$21,165 CAD
Total Assessment
$30,276 CAD
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DOLLAR TREE | West Main Street & 6th Street
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