This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

FAMILY DOLLAR TREE 519 E Delphi St

10,500 SF Retail Building Converse, IN 46919 $1,732,165 ($165/SF) 7.85% Cap Rate

Investment Highlights

  • 2024 build-to-suit construction for Family Dollar Tree
  • Four, 5-year renewal options all of which include a $5,250 ($0.50/SF) rent increase
  • Family Dollar Tree Combo stores have proven 20% higher sales volume than non-co-branded stores
  • ±9.5 years remaining on an initial 10-year lease
  • Corporately guaranteed lease
  • The subject property comes with a 20-year roof warranty

Executive Summary

Broker of Record
Kyle Matthews
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
B
Year Built
2024
Price
$1,732,165
Price Per SF
$165
Cap Rate
7.85%
NOI
$135,975
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.54 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52-16-32-100-106.000-011
Land Assessment
$19,800
Improvements Assessment
$17,900
Total Assessment
$37,700
  • Listing ID: 33951057

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 519 E Delphi St, Converse, IN 46919

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}