Technical
Financial
Distress signals
Property profile

1521 James Ave Bedford, IN 47421

OFF-MARKET
Turn key restaurants
Property ID
US31-1624673
6,882 SF 1.43 ac lot Built 1986
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,882 square foot Golden Corral restaurant in Bedford, Indiana, situated on a 1.43-acre lot. Boasting a brand new 20-year absolute triple-net (NNN) lease with 10% rent bumps every five years and three five-year options, this property offers significant long-term stability and growth potential. The property enjoys a prime location along State Road 37, a major thoroughfare with high visibility and traffic counts exceeding 36,000 vehicles per day at the nearest intersection. Its strategic placement within the Bloomington Metropolitan Area, a thriving hub with over 160,000 residents and home to Indiana University Bloomington, ensures consistent customer traffic. The surrounding area features a robust mix of national retailers, including Lowe's, Big Lots, and Walmart. The property's strong performance is reflected in its $416,000 net operating income (NOI) and a 7.00% cap rate. Built in 1986, this 100% occupied property offers a secure investment with a national tenant, Golden Corral, a leading family-style buffet chain with over 350 locations. The tenant's long-standing commitment, evidenced by their nearly two-decade partnership, further underscores the investment's reliability. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a desirable location. The asking price is $5,942,857.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1986
Construction WOOD
Total area 6,882 SF
Lot 1.43 ac (62,291 SF)
APN 47-06-16-400-057.000-010
UPID US31-1624673

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1521 James Ave Bedford, IN 47421-3577
Bedford metro Census 950900 BEDFORD, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2020
Price N/A
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1521 James Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message