Free-Standing Sale/Leaseback with Additional Land for Future Development
$1,290,000
970 East Washington Street, Winchester, IN 47394
7.25
Cap Rate
55,000 sqft
Building Size
Details:
Description:
LONG-TERM, STABILIZED SALE-LEASEBACK OPPORTUNITY
WITH ADDITIONAL DEVELOPMENT POTENTIAL
55,000 SF STORE ON 11.55 ACRES
Orscheln Farm and Home has been in the retail business since the 1960’s and serves farm, home, ranch and suburban customers. Orscheln’s 170+ stores are located in Arkansas, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, Nebraska, Ohio, Oklahoma and Texas.
Winchester, Indiana, has a population of nearly 5,000 people. It is the retail hub and county seat of Randolph County, Indiana. Randolph County is on the Indiana/Ohio border north of Interstate
70 and enjoys a largely rural population of over 25,000 people.
Orscheln Farm and Home has been at this location for many years and recently signed a 10-year NN lease for the property, with two 5-year options.
Documents:
| Title | ||
|---|---|---|
|
Winchester_Sale_Flyer_10152018.pdf
|
Location
Gallery
