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1302 Main St
Speedway, IN 46224

$2,615,750 USD

Storefront For Sale  •  8,646 SF

Property Details

• Property Type Storefront
• Total Building Size 8,646 SF
• Lot Size 0.94 AC
• Building Class A
• Year Built 2022
• Tenancy Multiple

0 Transit Score

66 Walk Score

Highlights

8,646 sf Multi-Tenant First Floor Condo | 100% Occupied

New 2022 Construction | Zero Deferred Maintenance

Fresh 10-Year Leases Signed by all Three Tenants | All Leases Commenced 5/1/2023

All NNN Leases | HOA Directly Handles all CAM & Management of CAM | Tenants Responsible for Reimbursing for their Pro Rata Share of CTI Expenses

Base Term Rent Increases for all Three Tenants & in Renewal Options | Perfect Hedge against Inflation

Thriving Main Street Location | Positioned One-Half Mile from the Indianapolis Motor Speedway - Home to the Indianapolis 500 (250,000+ Spectators Annu

Public Transportation

Commuter Rail	Drive	Walk	Distance
Indianapolis (Cardinal - Amtrak)	12 min	-	6.0 mi
Airport	Drive	Walk	Distance
Indianapolis International	23 min	-	12.2 mi