MATTRESS FIRM & LENS CRAFTERS | 210 Indianapolis Blvd
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MATTRESS FIRM & LENS CRAFTERS 210 Indianapolis Blvd
8,030 SF Retail Building Schererville, IN 46375 $5,232,960 CAD ($652 CAD/SF) 7% Cap Rate
Investment Highlights
- PRIME LOCATION: The Mattress Firm & Lens Crafter property is strategically situated on Indianapolis Boulevard, or US-41, one of the main thoroughfares
- THRIVING RETAIL CORRIDOR PROXIMITY: Located within a thriving retail corridor, the property is surrounded by prominent national retailers.
- EXPANDING DEMOGRAPHICS: Schererville is part of a growing market with an affluent population base.
- STRONG NATIONAL TENANTS: The property is fully occupied by two well-established and reputable national tenants, Mattress Firm and LensCrafters.
- NNN LEASE STRUCTURES WITH RENT INCREASES: The property features triple-net (NNN) lease agreements, where tenants are responsible for property expenses
Executive Summary
Kyle Matthews
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,030 SF
Building Class
B
Year Built
2016
Price
$5,232,960 CAD
Price Per SF
$652 CAD
Cap Rate
7%
NOI
$366,323 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.93 AC
Parking
40 Spaces (4.98 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 4
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MATTRESS FIRM & LENS CRAFTERS | 210 Indianapolis Blvd
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