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Miscellaneous

Mattress Firm Clearance Center

4201 S US Hwy 41, Terre Haute, IN 47802

Listing Price: $1,989,000

Cap Rate
6.50%
Tenant Name
Mattress Firm
Years Remaining On Lease
6.5
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$397.80
Lease Type
Double Net
Rent Per Square Feet
$25.85

Investment Overview

Marcus & Millichap is pleased to present the Mattress Firm Clearance Center located in Terre Haute, Indiana. This is the only Mattress Firm within 45 miles and the only Mattress Firm Clearance Center within 75 miles. There are over six and a half years remaining on the corporate lease. Terre Haute is the county seat of Vigo County and home in Indiana State University with over 12,000 students.

Investment Highlights

  • Steinhoff International Holdings N.V. (Mattress Firm Parent Company) is Global Company with Investment Portfolio of Over 40 Brands and 12,000 Retail Stores Across 40 Plus Countries
  • Only Mattress Firm Serving Trade Area – Next Closest Location is 45 Miles Away and Next Closest Clearance Center is 75 Miles Away
  • Above Average Store Sales Reported at this Location
  • Situated on US Highway 41 (29,920 Vehicles Per Day) and Outparcel to Only Ashley HomeStore Within 70 Miles
  • Single Tenant Mattress Firm Clearance Center with Over Six and a Half Years Remaining on Corporate Lease
  • Located in Terre Haute, Indiana; County Seat of Vigo County and Home to Indiana State University (12,000 Students)

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Miscellaneous

Mattress Firm Clearance Center

Listing Price: $1,989,000

Cap Rate
6.50%
Tenant Name
Mattress Firm
Years Remaining On Lease
6.5
Gross SF
5,000
Guarantor
Corporate Guarantee
Rentable SF
5,000
Price/Gross SF
$397.80
Lease Type
Double Net
Rent Per Square Feet
$25.85

Investment Highlights

  • Steinhoff International Holdings N.V. (Mattress Firm Parent Company) is Global Company with Investment Portfolio of Over 40 Brands and 12,000 Retail Stores Across 40 Plus Countries
  • Only Mattress Firm Serving Trade Area – Next Closest Location is 45 Miles Away and Next Closest Clearance Center is 75 Miles Away
  • Above Average Store Sales Reported at this Location
  • Situated on US Highway 41 (29,920 Vehicles Per Day) and Outparcel to Only Ashley HomeStore Within 70 Miles
  • Single Tenant Mattress Firm Clearance Center with Over Six and a Half Years Remaining on Corporate Lease
  • Located in Terre Haute, Indiana; County Seat of Vigo County and Home to Indiana State University (12,000 Students)

Investment Overview

Marcus & Millichap is pleased to present the Mattress Firm Clearance Center located in Terre Haute, Indiana. This is the only Mattress Firm within 45 miles and the only Mattress Firm Clearance Center within 75 miles. There are over six and a half years remaining on the corporate lease. Terre Haute is the county seat of Vigo County and home in Indiana State University with over 12,000 students.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/Regional Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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