2-Tenant Corporate-Backed Investment 10695 E US Highway 36

Pegasus Investments Real Estate Advisory Inc., as exclusive advisor to seller, is pleased to present the rare opportunity to purchase a strategically located, two-tenant net leased investment property spanning 50,000 square feet of GLA on a large, 5.24-acre lot in the extremely desirable Avon submarket of Indianapolis, Indiana (the “Property”). The Property is strategically located at the 50-year line of the region’s dynamic Rockville Road retail corridor, providing prime visibility to 45,000 vehicles per day. The corridor features major retail tenancy including Target, Walmart Supercenter, Lowe’s Home Improvement, Kroger Grocery and a newly developed 160,000 square foot Costco Wholesale anchored shopping center. Additionally, the Property is located at the signalized entrance of Raceway Plaza, a 100% occupied, 463,000 square foot shopping center anchored by a 205,000 square foot Meijer grocery store and a garden-center equipped, 160,000 square foot Menard’s home improvement store, both of which corporately own their own real estate.
The Property features credit rated, industry leading tenancy from Bob’s Discount Furniture (S&P: “B”), the #8 ranked furniture store in the U.S. per Forbes and PetSmart (S&P: B+), the largest pet supply company in the U.S. Each tenant is secured by long-term, corporate, 10-year and 12-year leases respectively, with scheduled rent increases throughout their lease terms.