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4404 National Rd E
Richmond, IN 47374

$2,378,378 USD

Freestanding For Sale  •  4,755 SF

Property Details

• Property Type Freestanding
• Total Building Size 5,000 SF
• Lot Size 0.46 AC
• Building Class C
• Year Built 2016
• Cap Rate 7.40 %
• Zoning OC

0 Transit Score

53 Walk Score

Highlights

Mattress Firm Exercised an Early Lease Extension, Underscoring Its Long-Term Commitment to the Location

Prime Location With Direct Frontage on National Rd E, Which Sees Over 21,592 Vehicles Per Day (VPD)

Mattress Firm Has Over 5 Years Remaining on a Corporate- Guaranteed Double Net (NN) Lease, With 10% Rent Increases at the Start of Each Option Period

Landlord is Responsible For Maintaining the Roof, Structure, and Structural Repairs to the Sidewalks

February 2025, Tempur Sealy Acquired Mattress Firm For $5 Billion, Creating the World’s Largest Mattress Retailer With Over 2,800 Locations

Positioned in a Strong Retail Corridor With Neighboring National Tenants Including ALDI, Hobby Lobby, Tractor Supply Co., Walmart, Kroger

Cap Rate:

7.40 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Mattress Firm	5,000 SF	3/31/2031

Amenities

• Pylon Sign
• Signage
• Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
James M Cox Dayton International	46 min	-	37.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes