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

This property presents an opportunity to acquire the 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.