1302 Main St | Speedway, IN 46224
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- LoopNet Team
1302 Main St
Speedway, IN 46224
1300 Block · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 8,646 sf Multi-Tenant First Floor Condo | 100% Occupied
- Fresh 10-Year Leases Signed by all Three Tenants | All Leases Commenced 5/1/2023
- Base Term Rent Increases for all Three Tenants & in Renewal Options | Perfect Hedge against Inflation
- New 2022 Construction | Zero Deferred Maintenance
- All NNN Leases | HOA Directly Handles all CAM & Management of CAM | Tenants Responsible for Reimbursing for their Pro Rata Share of CTI Expenses
- Thriving Main Street Location | Positioned One-Half Mile from the Indianapolis Motor Speedway - Home to the Indianapolis 500 (250,000+ Spectators Annu
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
8,646 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.94 AC
Parking
7 Spaces
Frontage
AMENITIES
- 24 Hour Access
- Courtyard
- Mezzanine
- Restaurant
- Signage
- Tenant Controlled HVAC
- Roof Terrace
- Air Conditioning
- Balcony
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $63,000 | |
| Land Assessment | $32,000 | Total Assessment | $95,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$32,000
Improvements Assessment
$63,000
Total Assessment
$95,000
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