Mitchell, IN
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    Mitchell, IN NNN Properties for Sale

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    Orleans, IN Bedford, IN Paoli, IN
    Industrial Property with NNN Lease
    $7,475,000
    78,361 SF
    Industrial Property with NNN Lease

    240 South Meridian Road, Mitchell, IN 47446

    Freestanding industrial facility on acreage, leased on a 20-year NNN basis with scheduled annual rent increases.
    • Freestanding industrial facility built in 1980 on an estimated 7.53‑acre parcel
    • Approximately 78,000 rentable SF of building space
    • 20‑year Triple Net (NNN) lease with commencement upon close of escrow
    • Current annual rent is $560,625 with 2.00% scheduled annual increases
    Updated: Jun 16
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchell, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Martinsville Walgreens For Sale
    $2,700,000
    14,525 SF
    Martinsville Walgreens For Sale

    14,525 SF Walgreens located in Martinsville, Indiana for sale.

    25 Bills Blvd, Martinsville, IN

    View details
    Bloomington Office Building For Sale
    $2,900,000
    1.02 Acres
    Bloomington Office Building For Sale

    5,494 SF mixed-use office building with prime location and visibility.

    123 S Franklin Road, Bloomington, IN 47404

    View details
    Freestanding Arby's in Martinsville, IN
    $1,597,500
    2,159 SF
    Freestanding Arby's in Martinsville, IN

    Single tenant Arby's in top 10% performing location.

    273 Grand Valley Blvd, Martinsville, IN

    View details
    Indiana University NNN Property
    $2,632,609
    3,186 SF
    Indiana University NNN Property

    NNN property near Indiana University with annual rent increases.

    3700 W 3rd St, Bloomington, IN 47404

    View details

    Mitchell, IN Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Mitchell, IN on our real estate platform. These investment opportunities span a total of 78,361 square feet of properties for sale, with an estimated market value of $7,475,000.

    Sale prices for triple net lease properties in Mitchell, IN start at $7,475,000, averaging $7,475,000, and reaching up to $7,475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 9,259
    Population Growth (5Y) -12.4%
    Median Household Income $53,182
    College Educated 28.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.75%
    Property Tax per SF $41.11 per SF
    Tax Rate vs County Average 0.65 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lawrence County

    New Delisted

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