Duluth Trading Company | 13890 Cabela Pky
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Duluth Trading Company 13890 Cabela Pky
14,557 SF Retail Building Noblesville, IN 46060 £4,075,485 (£280/SF) 7.75% Net Initial Yield
Investment Highlights
- Attractive Rental Increases Subject to rental increases of 10% every 5 years.
- Corporate Guarantee This lease is guaranteed by Duluth Holdings Inc which has over 60 locations nationwide with a goal of continued growth.
- Attractive Real Estate Fundamentals The subject property is located adjacent to Hamilton Town Center, which features over 100 national tenants.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a Duluth
Trading Company located at 13890 Cabela Parkway, Noblesville,
IN 46060. The site consists of roughly 14,557 rentable square feet
of building space on an estimated 2.73-acre parcel of land. This
Duluth Trading Company is subject to a 15-year Double Net (NN)
lease, which commenced 3/1/2017. The current annual rent is
$400,317 and has scheduled increases of 10.00% Every 5 Years.
Trading Company located at 13890 Cabela Parkway, Noblesville,
IN 46060. The site consists of roughly 14,557 rentable square feet
of building space on an estimated 2.73-acre parcel of land. This
Duluth Trading Company is subject to a 15-year Double Net (NN)
lease, which commenced 3/1/2017. The current annual rent is
$400,317 and has scheduled increases of 10.00% Every 5 Years.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,557 SF
Building Class
B
Year Built
2017
Price
£4,075,485
Price Per SF
£280
Net Initial Yield
7.75%
NOI
£315,850
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Land Acres
2.73 AC
Zoning
PUD
Parking
99 Spaces (6.8 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £4,672,119 | |
| Land Assessment | £3,241,095 | Total Assessment | £7,913,214 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,241,095
Improvements Assessment
£4,672,119
Total Assessment
£7,913,214
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Power Broker Glen Kunofsky -
Alexandre Marietto -
Kyle Karsian -
Walker Stevens -
John McHugh -
NNN Pro Group
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Duluth Trading Company | 13890 Cabela Pky
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