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600 N Morton St
Franklin, IN 46131 Southside Indianapolis

$1,776,634 USD

Freestanding For Sale  •  6,157 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,157 SF
  • Lot Size 1.03 AC
  • Building Class B
  • Year Built 2010
  • Cap Rate 7.25 %
  • Tenancy Single
  • Zoning GB
0 Transit Score
67 Walk Score

Highlights

The lease is backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody's.
Within a 3-mile radius, Franklin features a demographic profile hosting 26,335 residents with an average household income of $87,401.
Premier leader in the automotive aftermarket parts industry with over 4,200 stores in operation.
Founded in 1932, Advance Auto Parts employs over 62,000 people nationwide.
Publicly traded entity on the New York Stock Exchange (NYSE: AAP).
Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 6,157 SF 2/28/2030

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Indianapolis International 50 min - 30.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Jack Liberatore 843-510-0551 Sands Investment Group
Jack Liberatore 843-510-0551 Sands Investment Group