2925 Madison Ave
Indianapolis, IN 46225
Family Dollar · Commerce de détail Propriété À vendre

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 a 9,225-square-foot freestanding retail building situated on a 0.87-acre parcel of land.
Family Dollar recently renewed its lease, demonstrating continued commitment to this location. The lease operates under a NN structure with limited landlord responsibilities, providing an attractive passive income investment. The lease generates an annual NOI of $116,160, secured by a corporate guarantee from Family Dollar.
The Property features excellent access and visibility along Madison Ave., located south of downtown Indianapolis, just north of the I-465 loop. It is strategically positioned in a primary retail corridor, well-represented by both national and local retailers, and experiences a traffic count of 23,000+ vehicles per day on Madison Avenue, giving the underlying real estate sustainable inherent value. Additionally, the Property is located in an urban area with robust population demographics, including 9,330 residents within a
one-mile radius and 74,500 residents within a three-mile radius. The densely populated area is under-served by grocery and convenience retail users, making Family Dollar a perfect 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.