106 S Higbee St | Milford, IN 46542
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106 S Higbee St
Milford, IN 46542
Dollar General (Fresh 5-Yr Extension) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-New 5-Year Extension | Tenant Exercised Extension 2.75 Years Early with No Rent Concession
- 7.75 Years Remaining on Lease
- Bite-Sized Price Point Dollar General | 20+ Year Operating History
- Fresh Full Interior Remodel Paid for by Tenant | Freezers, Fresh Produce & Self-Checkout Added
- New Roof in 2018 (15-Yr Transferable Warranty) | New Asphalt & Striping in September 2023
- Extremely Low, Irreplaceable Rent at $4.01 per Square Foot | Self-Checkout Helps Minimize Overhead Cost for Tenant
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,673 SF
Building Class
C
Year Built/Renovated
1984/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.11 AC
Zoning
Commercial
Parking
40 Spaces (3.45 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 43-03-08-200-300.000-028 | Improvements Assessment | $195,800 |
| Land Assessment | $123,600 | Total Assessment | $319,400 |
PROPERTY TAXES
Parcel Number
43-03-08-200-300.000-028
Land Assessment
$123,600
Improvements Assessment
$195,800
Total Assessment
$319,400
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