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1105 38th Street
Marion, IN 46953
Dollar General | Absolute NNN · Retail Property For Sale
Investment Highlights
- Located 1 Mile from Indiana Wesleyan University, A Private Christian University with Approximately 3,000 Students
- Close Proximity to National Retailers: Meijer, Hobby Lobby, T.J. Maxx, Texas Roadhouse, McDonald’s, Harbor Freight Tools, Walmart Supercenter
- +/-9.5 Years Remaining of Original 15-Year Lease with Investment-Grade Corporate Tenant
- Triple-Net Lease with No Landlord Responsibilities, Tenant Responsible for Roof & Structure
- Located ½ Mile from the VA Northern Indiana Hospital which Spans Over 144 Acres and Offers a Ride Range of Health Services
- Established City with Major Driving Economic Factors: University/College City, Healthcare and Social Services and General Motors Metal Center
Property Facts
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,100 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.89 AC
Zoning
C - Commercial
Parking
43 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
231’ on East 38th Street
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 27-07-17-304-035.001-001 | Improvements Assessment | $787,300 |
| Land Assessment | $27,200 | Total Assessment | $814,500 |
Property Taxes
Parcel Number
27-07-17-304-035.001-001
Land Assessment
$27,200
Improvements Assessment
$787,300
Total Assessment
$814,500
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