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795 S Michigan St
La Paz, IN 46537
Arby's/Phillip's 66 · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
5,314 SF
Building Class
C
Year Built/Renovated
1994/2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
2.17 AC
Zoning
C-2
Frontage
402’ on US Highway 31 & 6

AMENITIES

  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

ABOUT 795 S MICHIGAN ST , LA PAZ, IN 46537

La Paz is a town in North Township, Marshall County, Indiana, within the township of North. The subject property at 795 S Michigan Street was built in 1994 and totals 5,314 square feet on a 2.17 Acre Lot. The Arby' s is operated by the Arby' s Restaurant Group (ARG) with a 20 year lease that commenced in December 2005. The Phillips 66 is operated by B&R Oil with a 20 year lease that commenced in May 2006. B&R owns and rents out 21 retail gas stations and distributes more than 100 million gallons of fuel to 73 Phillips 66 and CITGO retail stations.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
50-52-95-404-424.000-010
Land Assessment
$128,900
Improvements Assessment
$286,000
Total Assessment
$414,900
  • Listing ID: 16375964

  • Date on Market: 6/18/2019

  • Last Updated:

  • Address: 795 S Michigan St, La Paz, IN 46537

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