Portland Retail for Sale

• Newer Medical (2022) Construction, State-of-the-Art Fast Pace Urgent Care Location: Long-Term, NNN Lease with Approximately 13.5 Years of Term Remaining • Multiple 10% Rental Increases, Offering Continual Income Growth & Taking the CAP Rate to 7.21% by Year 2027 and 7.93% in Year 2032 • No Daily Management Responsibilities: Tenant Responsible for All Daily Management, Real Estate Taxes and Insurance • Corporately Backed, Single-Tenant Medical Necessity Location with Sought-After Well-Known National Tenant (275+ Current Locations in 6 States) • Highly Visible Signage with Excellent Frontage and High Traffic (17,155+ VPD) Surrounding the Property at the Main Intersection of Two Main Thoroughfares (Meridian and Votaw Streets) in Portland • Growing City: Ideal Demographics with Average Household Incomes of Approximately $83,000 Within a 10-Mile Radius • Direct Vicinity of Complimentary IU Jay Hospital, a Critical Access Hospital with Approximately 500 Employees, While Indiana University Healthcare System, Based in Indianapolis is a Regional Leader that Employs 38,000 Employees System-Wide • Low Price Point Deal, Ideal for 1031 Buyers with E-Commerce/ Recession Resistant Tenant - Urgent Care Industry Fast Approaching Being $40 Billion Annual Business • Surrounded by Rooftops, Other Favorable Medical Users, Retailers, Restaurants and Schools • Strong Employment Base: Tyson Foods Facility (455 Employees), FCC (Indiana), LLC (750+ Employees), Priority Plastics (140+ Employees), Motherson Sumi Systems, LTD/MSSL Wiring Systems (350 Employees) and ATI-Forged Products (150 Employees) • Advantageous Location with Easy Commutes to Downtown Fort Wayne (50 Miles), Dayton, OH (75 Miles) and Indianapolis (90 Miles): Additional Employment, Major Attractions and Airports in Each City • County Seat with Below National and State Levels for Cost of Living by BestPlaces, Making Portland an Extremely Affordable Place to Live

Property Subtype:

Freestanding

Date on Market:

2026-01-21

Muncie Retail for Sale - Muncie/Delaware County

Property Subtype:

Fast Food

Date on Market:

2025-10-02

Muncie Retail for Sale - Muncie/Delaware County

Property Subtype:

Fast Food

Date on Market:

2025-10-02

Muncie Retail for Sale - Muncie/Delaware County

Property Subtype:

Fast Food

Date on Market:

2025-10-02

Muncie Retail for Sale - Muncie/Delaware County

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located at 1111 E. McGalliard Road, Muncie, Indiana. The tenant, Dutch Bros, recently executed a brand-new 15-year lease with multiple 5-year extension options, demonstrating a strong long-term commitment to the site. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing consistent NOI growth and a hedge against inflation. With an absolute NNN structure, there are zero landlord responsibilities, making this a truly passive investment opportunity for out-of-state or hands-off investors.

Property Subtype:

Fast Food

Date on Market:

2025-09-10

Muncie Retail for Sale - Muncie/Delaware County

The Kase Group is pleased to present the opportunity to acquire a Burger King located in the established retail corridor of Muncie, Indiana. The property is leased to Bethel Ave Inc, a seasoned regional operator, under a 20-year Absolute NNN lease that commenced in August 2013 and runs through August 2033. The lease features no landlord responsibilities and two, 5-year options. Strategically positioned along W Bethel Avenue, the site benefits from excellent visibility, strong frontage, and ease of ingress and egress. The property is surrounded by a robust mix of national retailers and established shopping centers, including Bethel Pike Shopping Center and Muncie Mall, contributing to a strong and consistent consumer base. Additionally, the property offers convenient access to major highways, including Indiana State Road 332 (McGalliard Road) which carries over 20,000 vehicles per day and Indiana State Road 67, enhancing connectivity to the broader region.

Property Subtype:

Fast Food

Date on Market:

2025-08-25

Richmond Retail for Sale

The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to acquire the single tenant absolute NNN leased Walgreens Pharmacy in Richmond, IN. Walgreens is one of the largest drugstore chains in the U.S. and operates over 9,000 Stores in all 50 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands. The 75-year corporate guaranteed lease has 6.9 firm lease years remaining in the primary term with zero landlord responsibilities and potential for additional percentage rent. The 14,729 SF standalone building with drive-thru on large 1.94-acre parcel is strategically positioned on the hard corner signalized intersection of E Main Street (Hwy 40) and 37th Street which have a combined traffic count exceeding 32,200 VPD and prospers from excellent visibility and access. Nearby retailers include Walmart Supercenter, Menards Home Improvement, Tractor Supply Co., DICK’S Sporting Goods, Kohl’s, Hobby Lobby, ALDI, Kroger, Starbucks and Chipotle.

Property Subtype:

Drug Store

Date on Market:

2025-01-16

Muncie Retail for Sale - Muncie/Delaware County

Well located Advanced Auto Net Leased property in Muncie IN. 7000 square foot building built for Advanced Auto. Tenant recently signed a lease extension for five years and then in restructuring the corporation closed several hundred locations including this site. Lease is still active and tenant paying despite the property being "dark". 7.25 Cap rate on rents of $50,400 per year. Well maintained building with plenty of parking. Located just south of CVS and Walgreens in a strong retail corridor.

Property Subtype:

Freestanding

Date on Market:

2024-09-30