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33833954
33833953

1320 MAPLE AVE, TERRE HAUTE, IN 47804-3129

BB
IN RB14037939, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
GK
Encore Real Estate Investment Services
Listed by Bang Realty, Encore Real Estate Investment Services
$1,816,954
2 days on market
Updated 2 days ago

Dollar Tree

Details
APN 84-06-10-460-031.000-002
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 12,519
Units 1
Cap Rate 7.75%
NOI $140,814
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 10
Lease Expiration 05/23/2034
Remaining Term 7.9
Rent Bumps Yes
Lease Options Four (4), 5-Year Options
Price per SqFt $145
Year Built 2000
Acreage 2.330
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/09/2024
Ground Lease No

Retail Property For Sale

Marketing description

DOLLAR TREE at 1320 Maple Ave, Terre Haute, IN 47804 offers an attractive net-leased retail investment backed by a newly structured 10-year corporate lease with approximately 8 years of primary term remaining. Priced at $1,816,954 and offering a 7.75% cap rate, this 12,519 SF single-tenant property sits on 2.33 acres in an established retail corridor.

This investment features a passive NN lease structure with the tenant responsible for taxes, CAM, and insurance, creating dependable cash flow with limited landlord responsibilities. Annual NOI is $140,813, with future upside through four 5-year renewal options extending potential occupancy through 2054 and scheduled rent increases in each option period.

Positioned at a signalized intersection along Maple Ave near Lafayette Ave and close to US Hwy 41 (32,000 VPD shown on the map on page 4), the property benefits from excellent visibility, strong access, and surrounding national and regional retailers. The demographics on page 8 further support the location, with 69,328 residents and 28,027 households within 5 miles. An ideal opportunity for 1031 exchange buyers or investors seeking stable, long-term income from a recognized national retailer.

Investment highlights

  • 10-Year Corporate Lease to Dollar Tree - Eight (8) years of primary term remaining
  • Strong Passive NN Lease Structure - Tenant responsible for taxes, CAM, and insurance | Ideal for 1031 exchange or conservative capital allocation
  • Established Retail Location - Excellent site functionality with strong visibility and access
  • Dense & Stable Demographics - 69,328 residents within 5 miles
  • Long-Term Investment Security - Newly structured long-term term and Predictable income through 2034 with options extending to 2054

Listing Contacts

BB
IN RB14037939, OH BRK.200900214 (+21)
Bang Realty
DB
MI 6502378067, OH BRKP.2020008390
Encore Real Estate Investment Services
GK
Encore Real Estate Investment Services
Listed by Bang Realty, Encore Real Estate Investment Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,814.00
$11,734.50/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Zoning

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C-5 CommercialSpecial CommercialCommercial Entertainment District
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
RB14037939
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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