8738 Us Highway 36Avon, IN 46123

Property Details for 8738 Us Highway 36

Year built

2024

Lot size

1.79 AC

Property size (Sq ft)

6,510 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional investment opportunity presents a 6,510 square foot, three-tenant shopping center in Avon, Indiana, boasting a 6.25% cap rate and a substantial net operating income (NOI) of $275,175. Located at 8738 E US Hwy 36, this property benefits from a prime location on a major thoroughfare with nearly 45,000 vehicles passing daily. The center is anchored by Bibibop Asian Grill and Piada Italian Street Food, both with corporate guarantees, and features a third tenant. All tenants are under 10-year leases commencing March 1, 2025, with built-in rent bumps

Location Insight

City

Avon

County

Hendricks

State

Indiana

Latitude

39.7636

Longitude

-86.3666

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