List Search

219 N Walnut St
Hartford City, IN 47348

$738,462 USD

Auto Repair For Sale  •  6,000 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 6,000 SF
  • Lot Size 0.53 AC
  • Building Class B
  • Year Built 1960
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning ZO01
0 Transit Score
65 Walk Score

Highlights

14 year absolute triple net lease secured by seasoned Meineke franchisee operator
Newly Renovated building with $150k in capex contributed by tenant in 2023
Hands-on operator with all stores within 90 minutes of each other; Established 17 Multi-Unit Franchisee in Indianapolis MSA
Centrally Located along Hart Ford City’s primary North-South thoroughfare; Direct Residential Customer Base immediately surrounding property
High-density retail hub: Over 20 national tenants including McDonald's, CVS, Taco Bell, and Save A Lot
Hartford City is a strategic midway point between Indianapolis and Fort Wayne

Property Flyers

Cap Rate: 6.50 %

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Marc Merchant 916-995-3298 Century Partners Real Estate Inc.
Marc Merchant 916-995-3298 Century Partners Real Estate Inc.