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North Vernon, IN NNN Properties for Sale

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Vernon, IN Scipio, IN Dupont, IN Westport, IN Seymour, IN Elizabethtown, IN Commiskey, IN Holton, IN
Absolute NNN Restaurant Property
Updated: Jan 20
Absolute NNN Restaurant Property

971 N State St, North Vernon, IN 47265

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2,936 sqft
2,936‑square‑foot restaurant property at 971 N State St, North Vernon, IN 47265
Absolute NNN lease with over 11 years remaining on the initial 15‑year term
10% rent escalations scheduled every 5 years
Personally guaranteed lease backed by MJB Management Group, LLC
YE 2024 rent‑to‑sales ratio of 4.12%
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in North Vernon, 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.

Leased Convenience Retail NNN
Leased Convenience Retail NNN

9620 N Us Highway 31, Columbus, IN 47201

$1,012,000
9,100 sqft

Single-tenant retail building leased to Dollar General under a NNN structure with ample parking.

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Absolute NNN Retail Property
Absolute NNN Retail Property

915 Jonesville Rd, Columbus, IN 47201

Contact for pricing
10,640 sqft

Newly completed retail space is leased under an absolute NNN structure with a corporate tenant guarantee.

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Community Retail Center with NNN Leases
Community Retail Center with NNN Leases

405 S Main Street, Salem, IN 47167

Contact for pricing
46,700 sqft 7.95 AC lot

46,700-square-foot community shopping center anchored by Goody’s and Dollar Tree with mostly triple-net tenant leases.

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Net-Lease Auto Parts Retail
Net-Lease Auto Parts Retail

1106 W Mulberry St, Salem, IN 47167

$547,200

Fee simple property with extended lease through April 2035 and corporate guarantee from O’Reilly Automotive.

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North Vernon, IN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in North Vernon, IN on our real estate platform. These investment opportunities span a total of 2,936 square feet of properties for sale.

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Demographics Overview

Population 21K
Population Growth (5Y) +2.5%
Median Household Income $65,877
College Educated 19.8%

Taxes & Financing

Tax Rate (average for all types) 2.67%
Property Tax per SF $53.60 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in North Vernon fall within the 10,000 to 25,000 square foot range.

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