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Goodwill

$2,630,000

33 Hayes Arboretum Road, Richmond, IN 47374

Active
Last Updated: 02/04/2026

6.5

Cap Rate

160,650

NOI

Details:
Cap Rate:    6.5%
NOI:    $160,650
Building Size:    12,600 sqft
Lot Area:    4.946 acres
Year Built:    2018
Highlights:
  • 12,600 SF store with current rents at $12.75 PSF Built in 2019
  • Relocation store for Goodwill proves that this will be a long-term play for Goodwill
  • They have been in this market for more than 30 years
  • Minimal Landlord Responsibilities leaves landlord with a strong passive investment
  • Goodwill of Central Indiana has over $300M in revenue which provides a strong Guarantee
  • Surrounded by Many National Tenants Such as: Burger King, Walmart, Starbucks, Hobby Lobby, Best Buy, Menards, Aldi, KFC and Many More
Description:

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Home of the legendary Gennett Recording Studio, Richmond made its mark with music
superstars like Louis Armstrong, Duke Ellington and Jelly Roll Morton. The Gennett Walk
of Fame honors these and other legends. The three-dimensional bronze and colored tile
mosaic markers on the trail are shaped like 78rpm records and are accompanied by a
small bronze plaque identifying the artist and their contribution to the history of music.
Creative arts are celebrated with original exhibits throughout Wayne County. The self
guided mural trail directs you to a series of unforgettable murals that adorn area
businesses, many telling the story of Richmond and Wayne County’s past. The
internationally recognized Overbeck Pottery was handproduced in Cambridge City from
1911-1955 and is on display at the Museum of Overbeck Art Pottery.
Boutiques and unique shops add to Wayne County’s charm and provides endless shopping
pleasures. Richmond’s Historic Depot District and downtown Richmond are booming with
new eateries and trendy shops, including a 70-year old toy store and a famous chocolatier.
Wayne County has a bountiful range of outdoor recreation. Hiking at the Cope
Environmental Center is available 365 days a year. A must see is the Richmond Rose
Garden, an All-America Rose Display Garden. The geocaching trail is a fun activity for the
whole family.

Map:
Location