Grocery Store with NNN
For Sale
$650,000
128 E Maple St, Jeffersonville, IN 47130
Downtown property with an operating grocery tenant, on-site parking, and a remaining nine-year lease term.
Property Size10,194 SF
Price / SF$63.76
Days on Market146
Property Features for 128 E Maple St
General Information
Standard status
Active
Size
10,194 SF
Total Parking Spaces
20
Property subtype
Retail
Zoning
CD
Additional Details
Gross Income
$67,980
Highway Access
Yes
Building Details
Year Built
1920
Buildings
1
Tenancy
Single
Listing Agency:
Colliers
(502) 442-9397
Listed By:
Jonathan Fairfield
(502) 442-9397
Source:
Kcrea.resimplifi
Added: Apr 5
Changed: Aug 28
Last Checked: Aug 28 at 8:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
Investment Insights
Based on property information with market context.
This grocery property at 128 E Maple St includes an NNN tenant with nine years remaining on a 10-year lease. The lease provides for 3% annual increases, and the sale may include the existing store’s fixtures, materials, registers, carts, and stock. The property was built in 1920 and includes 20 parking spots.
The building is in downtown Jeffersonville near I-65 and the walking bridge, with visibility and walk-up traffic identified as site characteristics. The property carries CD zoning and is offered with the existing grocery operation and lease in place.
The building is in downtown Jeffersonville near I-65 and the walking bridge, with visibility and walk-up traffic identified as site characteristics. The property carries CD zoning and is offered with the existing grocery operation and lease in place.
Key Highlights
- NNN tenant with 9 years remaining on a 10 year lease
- 3% annual lease increase
- 20 parking spots
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47130, IN
48,481
Population
22,602
Households
2.1
Avg Household Size
39
Median Age
25%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
1,430
Density / Sq Mi
$68,412
Median Household Income
$40,941
Median Earnings
$1,090
Median Rent
$203,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Downtown property with an operating grocery tenant, on-site parking, and a remaining nine-year lease term.
Where is this grocery and convenience store located?
The property is located at 128 E Maple St Jeffersonville, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: NNN tenant with 9 years remaining on a 10 year lease; 3% annual lease increase; 20 parking spots
