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Spencer, IN NNN Properties for Sale

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Taco Bell Drive-Through Restaurant
Updated: Apr 12
Taco Bell Drive-Through Restaurant

234 E Morgan St, Spencer, IN 47460

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2,969 sqft 0.39 AC lot
2,969‑square‑foot Taco Bell restaurant on 0.39 acres
Remodeled to Taco Bell’s latest prototype
New 15‑year absolute NNN lease planned at closing
7.5% rent increases every 5 years during the initial term and renewal options
Four 5‑year renewal options
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Spencer, 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
Martinsville Walgreens For Sale

25 Bills Blvd, Martinsville, IN

Contact for pricing
14,525 sqft 2.18 AC lot

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

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Absolute NNN Retail Property
Absolute NNN Retail Property

3700 3rd, Bloomington, IN 47404

Contact for pricing
3,186 sqft

Absolute NNN retail investment with 1.50% annual rental increases and proven operating history.

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Indiana University NNN Property
Indiana University NNN Property

3700 W 3rd St, Bloomington, IN 47404

Contact for pricing
3,186 sqft

NNN property near Indiana University with annual rent increases.

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BMO Harris Bank NNN Property
BMO Harris Bank NNN Property

2110 Burton Ln, Martinsville, IN 46151

Contact for pricing

The property is leased under a fee simple absolute NNN structure.

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Spencer, IN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Spencer, IN on our real estate platform. These investment opportunities span a total of 2,969 square feet of properties for sale.

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Demographics Overview

Population 11K
Population Growth (5Y) +4.4%
Median Household Income $67,688
College Educated 29.5%

Taxes & Financing

Tax Rate (average for all types) 1.89%
Property Tax per SF $34.39 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Owen County

New Delisted

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