Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:05PM

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Investment Insights

Based on property information with market context.

This retail space is identified as Dollar General Plus and is offered for sale. The property information reports 10,566 square feet of retail area and a 7.10% cap rate.

The offering is located at 4950 E US 50 in Butlerville, Indiana 47223.

Key Highlights

• 10,566 SF of retail space
• Reported 7.10% CAP rate
• Located at 4950 E US 50, Butlerville, IN 47223

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store Food Market Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

26

Businesses Nearby

Explore this area Business Placement

Demographics for 47223, IN

1,437

Population

451

Households

3.2

Avg Household Size

42

Median Age

9%

College-Educated

88%

High-School Grad

46.1 sq mi

ZIP Area

31

Density / Sq Mi

$88,025

Median Household Income

$46,250

Median Earnings

$189,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Branded retail offering identified as Dollar General Plus and available for sale.

Where is this retail space located?

The property is located at 4950 E US 50 Butlerville, IN.

What are key features of this property?

This property features: 10,566 SF of retail space; Reported 7.10% CAP rate; Located at 4950 E US 50, Butlerville, IN 47223