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West Main Street & 6th Street, Austin, IN, 47102

DOLLAR TREE
$1,867,550

Key Information

Cap Rate
7.55%
Year Built
2024
Term Remaining
±9.25 YRS
Type
Retail
NOI
$141,000
Leasable Area
10,000

Highlights

  • 2024 build-to-suit construction for Dollar Tree
  • ±9.25 Years remaining on an initial 10-Year lease
  • Four, 5-Year renewal options all of which include a $5,000 rent increase ($0.50 PSF)
  • Corporately guaranteed lease
  • The subject property comes with a 20-Year roof warranty
  • 5-Mile population of 17,544 residents
  • 10-Mile population of 29,383 residents
  • Average household income of $59,040 annually
  • Traffic counts on Hwy 65 exceed 33,500 vehicles daily
  • Austin is located approximately 35 miles North of Louisville, KY and 95 miles South of Indianapolis, IN
  • Austin IN is home to a Pepsi Co manufacturing facility and Morgan’s Foods which employees approximately 550 employees

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RC52200195 (IN)
Matthews Real Estate Investment Services Inc.
1600 W End Ave Nashville, TN