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31637934
31637932

201 S Main St, Cloverdale, IN 46120 For Sale

CG
IN RB17000430
Gardner Property Group
IV
IN RB24000254
Gardner Property Group
Listed by Gardner Property Group
$575,000
94 days on market
Updated 94 days ago
Opportunity zone

NNN Automotive Investment

Details
APN 67-15-06-204-069.000-003
Property Type Industrial, Special Purpose
Sub Type Garage/Parking, Manufacturing (+1)
Square Footage 5,352
Net Rentable (SqFt) 5,352
Cap Rate 9.04%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 1
Lease Expiration 07/01/2026
Buildings 1
Stories 2
Lot Size (SqFt) 25,370
Zoning DT
Lease Commencement 07/01/2025
Ground Lease No

Automotive Repair Shop | 9.04% CAP | 5,352 SqFt

Marketing description

NNN Automotive Investment

A stabilized, triple-net automotive repair facility generating a 9% cap rate at the asking price. The property features multiple drive-through service bays across two connected structures with concrete block and metal panel construction, a standing-seam metal roof, and full-service mechanical capability. Situated on a high-visibility corner lot with ample surface parking and dual-direction access, the property benefits from a captive local service market within an established residential community. With landlord expenses minimized by the NNN lease structure, this is a clean yield play in a recession-resistant, internet-proof asset category.

Listing Contacts

CG
IN RB17000430
Gardner Property Group
IV
IN RB24000254
Gardner Property Group
Listed by Gardner Property Group

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Additional Information

Name
Cory Gardner
License
RB17000430
Name
Isaac VanCuren
License
RB24000254
Brokerage Phone
8129002125
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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