copy of marion - email flyer · investment summary strategically positioned between the two largest...

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PRICE $2,385,500 CAP RATE 7.00 % HIGHLIGHTS LOCATION HIGHLY VISIBLE STABILITY (100% Occupied) EXPENSE REIMBURSEMENT 6440 Westfield Blvd. Indianapolis, IN 46220 317.472.1800 INVESTMENT SUMMARY Strategically positioned between the two largest cities in the state of Indiana, Marion is located an hour North of Indianapolis and fifty minutes Southwest of Fort Wayne. The offered property is a 7,440 square foot, five- unit building, positioned on S Western Ave that sees 27,341 vehicles per day. The offered property is located on a Wal-Mart out parcel and is 100% leased. The property is occupied by five national retailers with recent lease extensions and ample term remaining. All five tenants reimburse the property owner for CAM, Taxes, and Insurance costs, removing the risk of cost fluctuations to the new buyer. Jon Bannister, VP Investment Sales O: 317.493.1267 | M: 317.408.0886 E: [email protected] 3248 S WESTERN AVE, MARION, IN 46953 OFFERING MEMORANDUM S Western Ave (27,341 ADT) CLICK FOR FULL OM LISTING

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Page 1: Copy of MARION - EMAIL FLYER · INVESTMENT SUMMARY Strategically positioned between the two largest cities in the state of Indiana, Marion is located an hour North of Indianapolis

PRICE$2,385,500

CAP RATE7.00 %

HIGHLIGHTSLOCATIONHIGHLY VISIBLE

STABILITY (100% Occupied)EXPENSE REIMBURSEMENT

6440 Westfield Blvd.Indianapolis, IN 46220317.472.1800

INVESTMENT SUMMARYStrategically positioned between the twolargest cities in the state of Indiana, Marion islocated an hour North of Indianapolis and fiftyminutes Southwest of Fort Wayne. Theoffered property is a 7,440 square foot, five-unit building, positioned on S Western Avethat sees 27,341 vehicles per day. The offeredproperty is located on a Wal-Mart out parceland is 100% leased. The property is occupiedby five national retailers with recent leaseextensions and ample term remaining. All fivetenants reimburse the property owner forCAM, Taxes, and Insurance costs, removingthe risk of cost fluctuations to the new buyer.

Jon Bannister, VP Investment SalesO: 317.493.1267 | M: 317.408.0886

E: [email protected]

3248 S WESTERN AVE, MARION, IN 46953

OFFERING MEMORANDUM

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7,34

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CLICK FOR FULL OM LISTING