Confidential Street is aretail property for lease in Indianapolis, IN.
This RV dealer is one of the fastest growing RV Dealers in the Midwest. They are a Full-Service Dealership offering sales, service and parts of major brands of recreational vehicles. Their location has convenient access to major highways. Their parts department offers all of the accessories a savvy traveler will need to outfit their home-away-from-home in style.
The $6MM Sale Price includes real estate at $1.5MM. Real Estate may be leased for $10,000/mo. NNN, and the resulting Business Only Sale Price becomes $4.5MM, and the $920,000 NOI is reduced by $120,000 to reflect lease amount.
While the RV Industry Association has reported industry growth of 11.5% to 13.3% over the past 2 years, this dealership has averaged 70% growth in revenue over the past 2 years.
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- Curtis Shaw, agent and Rofo Pro