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404 W Morgan St
Spencer, IN 47460

$868,200 USD

Convenience Store For Sale  •  2,400 SF

Property Details

• Property Type Convenience Store
• Total Building Size 2,400 SF
• Lot Size 0.4 AC
• Building Class C
• Year Built 2003
• Tenancy Single

0 Transit Score

67 Walk Score

Highlights

Absolute NNN Lease: The asset is subject to an absolute triple-net lease, with the tenant responsible for all property expenses, including maintenance

Established Operating History: Circle K has successfully operated at this location since 2010, demonstrating long-term operational stability

National Brand Strength: Circle K is a top-tier convenience store operator, ranking second nationally with approximately 15,000+ locations

Prominent Main Street Frontage: Strategically positioned along a primary local thoroughfare, the property benefits from strong visibility

County Seat Location: Situated in Spencer, the county seat of Owen County, the site experiences steady daily traffic generated by government offices

Proximity to National Retailers: The property is located near major national brands including McDonald’s, Wendy’s, Pizza Hut, and Dairy Queen

Major Tenants

Tenant	SF Occupied	Lease End Date
Circle K

Public Transportation

Airport	Drive	Walk	Distance
Indianapolis International	68 min	-	49.9 mi