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1521 James Ave
Bedford, IN 47421

$5,942,857 USD

Restaurant For Sale  •  6,882 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,882 SF
  • Lot Size 1.43 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 7.00 %
  • Tenancy Single
0 Transit Score
47 Walk Score

Highlights

Situated Along State Road 37, a Major Thoroughfare in Indiana, Offering High Visibility and Easy Access with Strong Traffic Counts Exceeding 36,000 V
Nearby Several Retailers Including Lowe’s, Big Lots, Harbor Freight, ALDI, Durham Sports, KFC, Joann, Goodwill, Walmart Supercenter, Dollar Tree, Bob
Part of Bloomington Metropolitan Area – An Important Hub in Indiana With a Population Exceeding 160,000
Brand New 20 Year Lease to Begin at COE
Absolute Triple Net (NNN) Lease – Absolute NNN Lease With Zero Landlord Responsibilities
Attractive Rental Increases | 10% Every 5 Years, Including Option Periods

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Golden Corral 6,882 SF

Amenities

  • Corner Lot
  • Monument Signage
Robert Narchi 310-486-9900 Marcus & Millichap
Robert Narchi 310-486-9900 Marcus & Millichap