3522 E Raymond St
Indianapolis, IN 46203
Family Dollar · Retail Property For Sale

Northmarq is pleased to offer to qualified investors the opportunity to acquire a fee simple interest in the Family Dollar located in Indianapolis, IN (“the Property”). The Property comprises an 8,320-square-foot freestanding retail building situated on a 0.69-acre parcel of land. Family Dollar recently renewed its lease, demonstrating a continued commitment to this location, which boasts strong performance metrics (contact broker for details). The lease operates under a NN structure with limited landlord responsibilities, providing an attractive passive income investment.
The lease generates an annual NOI of $130,706, secured by a corporate guarantee from Family Dollar. Strategically positioned in the market, the Property offers signalized traffic
light access and excellent visibility along E. Raymond Street. It is located on a prominent hard corner, southeast of downtown Indianapolis, within the I-465 loop in the Near Southeast neighborhood. This urban location benefits from robust population demographics, with 8,500 residents within a one-mile radius and 103,690 residents within a three-mile radius. The densely populated area is under-served by grocery and convenience retail users, making Family Dollar an ideal fit for the neighborhood.
Family Dollar, one of the nation’s largest dollar store chains, has been in operation for over 65 years. With more than 8,000 locations and over 77,000 associates across 46 states, Family Dollar is a trusted name in retail.