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1215 N Detroit St
Warsaw, IN 46580

$1,034,000 USD

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

Corporate Lease Guaranty from Advance Stores Company, Inc. (NYSE: AAP)
Consistent 5% Rent-to-Sales Ratio Over the Last 4 Years
Recent Early 10-year Lease Extension – Long Operating History – Commitment to Site
Limited Landlord Responsibility – Modified NNN “Structure Only” Lease – 21% Rent Increase in 1st Option
Positioned along North Detroit Street (22,600 VPD) – Access to U.S. Highway 30 (30,000 VPD) – Strong Mix of National Retailers
Warsaw – Strong Economic Fundamentals & Favorable Demographics

Property Flyers

Ryan Bennett 760-448-2449 Lee & Associates
Ryan Bennett 760-448-2449 Lee & Associates