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1705 S Memorial Dr
New Castle, IN 47362

Price Upon Request

General Retail For Sale  •  760 SF

Property Details

  • Property Type General Retail
  • Total Building Size 760 SF
  • Lot Size 0.6 AC
  • Building Class B
  • Year Built 2022
  • Tenancy Single
  • Zoning C
0 Transit Score
59 Walk Score

Highlights

20-Year Absolute Triple Net lease With Rare Corporate Guaranty - Lease Will Commence at the Close of Escrow
Lease Features 10% Rental Increases Every 5 Years, Ensuring Steady Income Growth
This Property is Out-Parceled to a Prime Shopping Center in New Castle, IN on South Memorial Drive Which Sees Over 20,000 Vehicles Per Day
Scooter's Coffee Was Founded in 1988 in Bellevue, Nebraska and Has Been in Business For More Than 20 Years; They Operate 900+ Locations
Nearby Tenants Include: Harbor Freight, Buffalo Wild Wings, Goodwill, Anytime Fitness, T-Mobile, McDonald's, Subway, Burger King Etc.

Major Tenants

Tenant SF Occupied Lease End Date
Scooter's Coffee 760 SF

Amenities

  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes