1315 E Hackberry St
Salem, IN 47167

The subject investment property is situated on E. Hackberry Street, which boasts average daily traffic counts exceeding 11,049 vehicles respectively. E. Hackberry Street intersects with N. Main Street, which brings an additional 18,577 vehicles into the immediate area on average daily. There are more than 10,178 individuals residing within a five-mile radius of the property and more than 19,500 individuals within a ten-mile radius. The average household income within a five-mile radius is $54,087. The subject property benefits from being well-positioned in a dense retail corridor benefitting from its close proximity to several national and local tenants. Major national tenants include: Walmart, Family Dollar, Dollar General, CVS Pharmacy, Goody’s, Tractor Supply & Co., Goodwill, Arby’s, KFC, Wendy’s, Domino’s, Subway, Taco Bell, as well as many more. Located less than 2 miles from the subject property is St. Vincent Salem Hospital. St. Vincent Salem Hospital is a 25-bed critical access health care facility with a 24/7 emergency department. This Popeyes location is located less than two miles from Salem High School where more than 600 students are enrolled. Salem is a city in Washington Township, Washington County, Indiana. Salem is primarily an agricultural community, surrounded by typical Indiana forests and farmland and small bodies of water. The primary crops grown in the area are corn and soybeans. Salem is also home to Salem Speedway, one of the top sporting attractions in the surrounding area. The track was first built in 1947 and many legendary sprint drivers of the last half century have since raced there. Major employers in Salem include GKN Sinter Metals, Flexcel, Peerless Gears, Blue River Wood Products, St. Vincent Salem Hospital, Blue River Services, and Hoosier Precast. Salem is home to the Salem Municipal Airport. The airport services general aviation aircraft and the Oregon Army National Guard. It is made up of two jet runways, with a project underway to extend its runways to 4,000 feet. There are several key industry sectors in Washington County, Indiana. These include advanced manufacturing, lumber & hardwood products, and health care & medical services. The county is particularly strong in manufacturing as manufacturing employment percentages in Washington County are higher than the average for the State of Indiana.