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3201 S Adams St 7,467 SF Retail Building Marion, IN 46953 $849,900 ($113.82/SF) 8.46% Cap Rate
Executive Summary
This free-standing retail building offers approximately 7,467 square feet on a highly traveled stretch of South Adams Street in Marion, Indiana, surrounded by national and regional retailers that draw consistent daily traffic to the corridor. The property benefits from strong visibility, ample on-site parking, and convenient access to nearby neighborhoods, giving investors a stable location for tenant retention and long-term income potential. This property has been leased by Family Dollar since 2001.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,467 SF
Building Class
B
Year Built
1965
Price
$849,900
Price Per SF
$113.82
Cap Rate
8.46%
NOI
$71,902
Tenancy
Single
Building Height
1 Story
Building FAR
1.13
Lot Size
0.15 AC
Frontage
150’ on Adams St
Fairly walkable
40/100
Moderately drivable
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 27-07-18-104-116.000-002 | Improvements Assessment | $141,300 |
| Land Assessment | $33,000 | Total Assessment | $174,300 |
Property Taxes
Parcel Number
27-07-18-104-116.000-002
Land Assessment
$33,000
Improvements Assessment
$141,300
Total Assessment
$174,300
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3201 S Adams St
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