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Family Dollar 814 E 2nd St

8,000 SF Retail Building Veedersburg, IN 47987 $947,000 ($118/SF) 8.75% Cap Rate

Retail Buildings Indiana Veedersburg 814 E 2nd St, Veedersburg, IN 47987

Investment Highlights

  • Bite-Sized Deal - Sub One Million Dollar Investment Opportunity
  • Excellent Access & Visibility Along U.S. Route 136 & Proximity to Interstate 74 (19,000+ VPD)
  • Best-in-Class Tenant with Investment Grade Parent - Dollar Tree, Inc. (NSADAQ: DLTR) FY2024 Revenues of $30.6+ Billion BBB/Stable S&P Credit Rating
  • Ideal Dollar Store Demographics - Limited Competition Within the Market

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Family Dollar located in Veedersburg, IN (“the Property”). The Property consists of an 8,000-square-foot freestanding retail building on a 1.75-acre parcel of land. Family Dollar is operating under a NN lease with limited landlord responsibilities, offering a passive income investment.

Attachments

Family-Dollar-Veedersburg-IN-NM-loopnet

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2009
Price
$947,000
Price Per SF
$118
Cap Rate
8.75%
NOI
$82,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.75 AC
Zoning
Commercial
Parking
23 Spaces (2.88 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Pylon Sign
  • Signage

Links

1 of 1

PROPERTY TAXES

Parcel Number 23-11-06-417-006.000-018 Improvements Assessment $470,600
Land Assessment $38,100 Total Assessment $508,700

PROPERTY TAXES

Parcel Number
23-11-06-417-006.000-018
Land Assessment
$38,100
Improvements Assessment
$470,600
Total Assessment
$508,700
(513) 504-4046

Contact

  • Listing ID: 32908125

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 814 E 2nd St, Veedersburg, IN 47987

More public record information on 814 E 2nd St, Veedersburg, IN 47987

The Retail Property at 814 E 2nd St, Veedersburg, IN 47987 is currently available for sale. Contact Northmarq for more information.

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Family Dollar | 814 E 2nd St
(513) 504-4046 x

Family Dollar | 814 E 2nd St

Ryan Roedersheimer

(513) 504-4046

(513) 504-4046

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