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20448586
20448587

8760 Southeastern Ave, Wanamaker, IN 46239

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$1,000,000
39 days on market
Updated 39 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,600
Units 1
Cap Rate 6.66%
NOI $66,600
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 8
Lease Expiration 08/30/2028
Remaining Term 2.2
Rent Bumps Yes
Lease Options 2 (5) Year Options
Year Built 1988
Buildings 1
Stories 1
Acreage 0.830
Zoning C4
Parking Spaces 22 spaces
Parking Per SqFt 2.29
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 08/31/2020

Retail | 6.66% CAP | 9,600 SqFt

Marketing description

Exclusive Realty is pleased to present an outstanding investment opportunity in the heart of Wanamaker. This 9,600 SF free-standing building, constructed in 1988, offers a prime location within the Indianapolis area. As a single unit, this property presents a compelling prospect for retail investors looking to expand their portfolio. With a strong rental history and a strategic position in a vibrant commercial district, this building is poised to deliver excellent returns. Don't miss the chance to acquire a prominent retail asset in a thriving market, offering stability and potential for growth. This property is the ideal addition to any investor's retail portfolio.

Investment highlights

  • 9,600 SF free-standing building

  • NN Lease/Minimal Landlord Responsibilities

  • Ranked in the 92nd Percentile Nationwide and 94th Percentile Statewide for store visits per Placer.ai

  • Located in a strong retail corridor of Indianapolis, IN

  • Excellent visibility and access on a high-traffic road

  • Densely populated area with over 41K Residents within a 3 Mile Radius

  • Average Annual HH Income exceeds $114K within a 3 Mile Radius

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$66,600.00
$5,550.00/mo

Valuation Metrics

0
DSCR
6.66%
Cap Rate
6.66%
ROI

Map

Zoning

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C4 CommercialNeighborhood CommercialCommunity Regional District
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Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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