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1215 N Detroit St
Warsaw, IN 46580

Price Upon Request

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 0.83 AC
  • Building Class C
  • Year Built 2005
  • Tenancy Single
  • Zoning C-2 G
0 Transit Score
44 Walk Score

Highlights

Recent lease extension through December 2034
Significant 21% rental escalation in the first renewal option
AAP has executed multiple lease extensions demonstrating commitment to the site
Strong annual location sales reporting – Contact broker for details
Strong annual location sales reporting – Contact broker for det
Nearby retailers include Meijer, Lowe’s, Walmart, Menards, Starbucks, Buffalo Wild Wings, Sherwin-Williams, O’Reilly Auto Parts, & several others

Financial Summary (Actual)

Net Operating Income: $74,925 USD (2023)

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 12/31/2034