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Sherwin-Williams 80 E Garner Rd

4,000 SF Retail Building Brownsburg, IN 46112 $2,059,000 ($515/SF) 6.03% Cap Rate

Retail Buildings Indiana Brownsburg 80 E Garner Rd, Brownsburg, IN 46112

Investment Highlights

  • Seven years remaining with occupancy history since 2007
  • Tenant reimburses CAM, real estate taxes, and insurance
  • WaWa currently under construction on adjacent site
  • One five-year option to renew with 12% rent increase
  • Culvers, Crew Carwash, Starbucks, Panda Express, Goodwill, IU Health Urgent Care, 7 Brew, and Dunkin all nearby
  • Avg HH Inc: $147,078 w/in 1 mi, $141,259 w/in 3 mi, $142,158 w/in 5 mi

Attachments

Sherwin Williams Brownsburg OM - Final

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
2007
Price
$2,059,000
Price Per SF
$515
Cap Rate
6.03%
NOI
$124,158
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.86 AC
Parking
30 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
147 FT on Garner Rd
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80 E Garner Rd, Brownsburg, IN - aerial map view - Image1
80 E Garner Rd, Brownsburg, IN - aerial map view - Image2

Nearby Major Retailers

Applebee's
Old National Bank
7 Brew Coffee
Buffalo Wild Wings
Huntington National Bank
Anytime Fitness
Five Guys
Bob Evans Restaurants
Starbucks
Steak ‘n Shake

PROPERTY TAXES

Parcel Number 32-02-35-356-001.000-026 Improvements Assessment $365,000
Land Assessment $278,000 Total Assessment $643,000

PROPERTY TAXES

Parcel Number
32-02-35-356-001.000-026
Land Assessment
$278,000
Improvements Assessment
$365,000
Total Assessment
$643,000
(317) 269-1031

Contact

  • Listing ID: 32640575

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 80 E Garner Rd, Brownsburg, IN 46112

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80 E Garner Rd, Brownsburg, IN for sale Building Photo- Image 1 of 4
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80 E Garner Rd, Brownsburg, IN for sale Aerial- Image 2 of 4
Brownsburg Market Aerial
80 E Garner Rd, Brownsburg, IN for sale Aerial- Image 3 of 4
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Sherwin-Williams | 80 E Garner Rd
(317) 269-1031 x

Sherwin-Williams | 80 E Garner Rd

Matthew Gray

(317) 269-1031

(317) 269-1031

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