Retail Investment
9078 E U.S Highway 36 Avon, IN 46123
9078 E U.S Highway 36, Avon, IN, 46123
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For Sale
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Retail property offered for sale with 12,735 square feet and an 8.16% cap rate.
Property Size12,735 SF
Price / SF$290.54
Days on Market16
Property Features for 9078 E U.S Highway 36
General Information
- Standard status
- Active
- Size
- 12,735 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2007
Listing agency
SRS Louisville
Listed by
Morgan Zant · License #2024015589
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 8:49PM Checked: Jul 21 at 8:49PM
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 SRS Louisville
Investment Insights
Based on property information with market context.
This offering is a retail investment property with 12,735 square feet of space. The public remarks list an 8.16% cap rate and present the asset as a retail-focused commercial property.
The property is located at 9078 E. U.S. Highway 36 in Avon, Indiana. Address information is provided for location reference.
For buyers and brokers evaluating income-oriented retail, the listing provides key deal indicators in the public remarks, including the stated cap rate and total building size.
The property is located at 9078 E. U.S. Highway 36 in Avon, Indiana. Address information is provided for location reference.
For buyers and brokers evaluating income-oriented retail, the listing provides key deal indicators in the public remarks, including the stated cap rate and total building size.
Key Highlights
- Retail property built in 2007
- 12,735 SqFt retail space
- 8.16% cap rate
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $229.2k | $18.00 |
| − Vacancy | −$10.1k | −$0.79 |
| EGI | $219.1k | $17.21 |
| − OpEx | −$65.7k | −$5.16 |
| NOI | $153.4k | $12.05 |
12,735 SF · lease $18.00/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.19M
$1.92M – $2.56M
NOI $153,401 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.20M
$2.80M – $3.73M
NOI $223,777 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vacuums & More - Avon
Home Appliance Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail property offered for sale with 12,735 square feet and an 8.16% cap rate.
Where is this retail space located?
The property is located at 9078 E U.S Highway 36 Avon, IN.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Retail property built in 2007; 12,735 SqFt retail space; 8.16% cap rate
