136 Us Highway 27 Liberty, IN 47353
This exceptional investment opportunity presents a 10,500-square-foot, single-tenant retail building situated on a 2.05-acre lot in Liberty, Indiana. The property, constructed in 2023, boasts a 10-year net lease (NN+) with a corporate guarantee from Dollar Tree and Family Dollar, commencing January 21, 2024, and expiring January 31, 2034. The lease includes 3-5 year renewal options, ensuring long-term stability. The property enjoys 100% occupancy and generates a substantial net operating income (NOI) of $135,400, translating to a compelling 7.65% cap rate. The asking price is $1,770,000, or $168.57 per square foot. The strategically located property, at 136 US Hwy 27, benefits from high visibility and traffic counts of 3,608 vehicles per day. Ample parking is provided with 44 spaces. The property is a dual-branded format, known for increased sales compared to single-brand stores in smaller markets. The surrounding area offers a strong demographic profile, with an average household income within a 5-mile radius exceeding $91,168. Liberty serves as the county seat of Union County, Indiana, and enjoys proximity to recreational areas such as Whitewater Memorial State Campground, Brookville Lake, and Hueston Woods State Park, as well as Miami University (13 miles away). This property is ideal for individual investors or portfolio additions.
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Family Dollar Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.