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Hawk Motors | 4+yrs Remain Abs NNN 702 S Baldwin Ave

672 SF Retail Building Marion, IN 46953 $234,000 ($348/SF) 10% Cap Rate

Retail Space Indiana Marion 702 S Baldwin Ave, Marion, IN 46953

Investment Highlights

  • Over 4 Years Remaining | Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Residential Consumer Base |Strong Demographics In 5-mile Trade Area
  • Along an Arterial Thoroughfare | Dense Retail Corridor |Strong National/Credit Tenants | Heavily Traveled Trade Area

Executive Summary

• Tenant has over 4 years of lease term remaining
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for a passive investor

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
672 SF
Building Class
C
Year Built
1977
Price
$234,000
Price Per SF
$348
Cap Rate
10%
NOI
$23,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.25 AC
Zoning
GC - Central Core
Parking
17 Spaces (25.3 Spaces per 1,000 SF Leased)
Frontage
119 FT on S. Baldwin

Amenities

  • Freeway Visibility
  • Signage

Links

1 of 1

Nearby Major Retailers

Wings Etc.
Rent-A-Center
Northwest Bank
The YMCA
ALDI
Anytime Fitness

PROPERTY TAXES

Parcel Number 27-06-01-404-108.000-008 Improvements Assessment $15,400
Land Assessment $55,000 Total Assessment $70,400

PROPERTY TAXES

Parcel Number
27-06-01-404-108.000-008
Land Assessment
$55,000
Improvements Assessment
$15,400
Total Assessment
$70,400
(480) 221-4221

Contacts

  • Listing ID: 30346542

  • Date on Market: 12/12/2023

  • Last Updated:

  • Address: 702 S Baldwin Ave, Marion, IN 46953

More public record information on 702 S Baldwin Ave, Marion, IN 46953

The Retail Property at 702 S Baldwin Ave, Marion, IN 46953 is currently available for sale. Contact SRS National Net Lease for more information.

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Hawk Motors | 4+yrs Remain Abs NNN | 702 S Baldwin Ave
(480) 221-4221 x

Hawk Motors | 4+yrs Remain Abs NNN | 702 S Baldwin Ave

1/2

Patrick Luther

(480) 221-4221

(480) 221-4221

Matthew Mousavi

(714) 404-8849

(714) 404-8849

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