Bank Of America
4,200 SF | 100% Leased | Retail Building | Avon, IN 46123 | $2,631,578 ($627/SF) | 4.75% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,631,578
- Property Type
-
Retail
- Square Feet
- 4,200 SF
- Price / Square Foot
- $627
Listing Contacts
Kevin Broderick
Verified Profile
- Property Info
Property Overview
• New 15-yr ground lease
• Absolute net lease, no landlord responsibilities
• 10% rent increases every five-years
• Located across from well-established Kroger and McDonald’s
• Adjacent to new Taco Bell and 7Brew
• Average daily traffic counts of approximately 32k along Rockville Rd (US 36) and 14k along Avon Avenue (SR 267)
• Surrounding populations of 5,058 within one mile, 43,625 within three miles, and 116,627 within five miles
• Average household incomes of $116,455 within one mile,$137,464 within three miles, and $116,005 within five miles
• Absolute net lease, no landlord responsibilities
• 10% rent increases every five-years
• Located across from well-established Kroger and McDonald’s
• Adjacent to new Taco Bell and 7Brew
• Average daily traffic counts of approximately 32k along Rockville Rd (US 36) and 14k along Avon Avenue (SR 267)
• Surrounding populations of 5,058 within one mile, 43,625 within three miles, and 116,627 within five miles
• Average household incomes of $116,455 within one mile,$137,464 within three miles, and $116,005 within five miles
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Bank
- Lot Size (sq. ft)
- 46,609 SF
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