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8390 State Road 64
Georgetown, IN 47122

$1,392,899 USD

Freestanding For Sale  •  8,640 SF

Property Details

• Property Type Freestanding
• Total Building Size 8,640 SF
• Lot Size 1.15 AC
• Building Class C
• Year Built 2015
• Cap Rate 8.45 %
• Tenancy Single
• Zoning GR

20 Walk Score

Highlights

Absolute NNN lease for Family Dollar with zero landlord responsibilities

Corporate tenant — Family Dollar Stores of Indiana, L.P. with 7,100+ locations

10% rental increases in each of the Six, 5-year options10% rental increases in each of the Six, 5-year options10% rental increases in each of the Six,

Median household income of $107,500 in the immediate 47122 zip code

Recession resistant discount retail tenant with resilient consumer demand

High homeownership rate of 80.8% and local unemployment rate of ~1.2%

Cap Rate:

8.45 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Family Dollar

Public Transportation

Airport	Drive	Walk	Distance
Louisville Muhammad Ali International	34 min	-	20.5 mi