1707 N Main St Rushville, IN 46173
Property Lookup
Property profile & analytics
1707 N Main St Rushville, IN 46173
- Retail space
- 9,984 SF
- 1.36 lot acres
Property ID
US31-2896691
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dollar Tree / Discount Store
Property Details for 1707 N Main St
- Year built
- 2016
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.36 lot acres
- Property size
- 9,984 SF
- Property type
- Retail space
- APN
- 70-07-30-476-005.000-011
- APU
- 700730476005000011
Description
This fee-simple retail property offers a compelling investment opportunity. The 9,973 square-foot building, constructed in 2016, is currently 100% occupied by a Dollar Tree under a Net Lease agreement. The lease, which commenced January 31, 2016, has a remaining term of approximately 6.2 years, extending to January 31, 2031. The lease includes three, five-year renewal options with a 5% rent increase in each option period. The property boasts a strong 7.50% cap rate, based on a net operating income (NOI) of $99,730, and a price per square foot of $133.36. Landlord responsibilities are minimal, limited to roof and structure maintenance. The tenant, Dollar Tree, is credit-rated and backed by a corporate guarantee, providing significant financial security. Situated on a 1.36-acre lot at 1707 N Main St, Rushville, IN 46173, the property benefits from a high-traffic location with over 10,300 vehicles passing daily. The property is conveniently located near other established retailers, including Taco Bell and Tractor Supply. This is a single-tenant, single-unit property offering a stable, long-term investment with a strong tenant and favorable lease terms.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $730,000 Current use
- COMMERCIAL (GENERAL)
- $680,000 Change: -7% Conversion: Easy
- WAREHOUSE, STORAGE
- $610,000 Change: -16% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rushville
- County
- Rush
- State
- Indiana
- Longitude
- -85.4454
- Latitude
- 39.6271
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,066
$190,800
$811,400
$1,002,200
-
$190,800
$811,400
$1,002,200
