704 S BALDW AVE Marion IN 46953

🏢 Prime Investment Opportunity! 🏢

Searching for an income-producing investment property with an experienced, local tenant? Look no further!

🔑 Absolute NNN Lease 🕒 Over 4 Years Remaining 🏠 Fee Simple Ownership 🚫 Zero Landlord Responsibilities

But here's the cherry on top! Our tenant is a well-established auto dealership with decades of experience in the business. This local business owner opened this location just last year, bringing their wealth of industry knowledge to this property.

🛣️ Located on an Arterial Thoroughfare 🛍️ Dense Retail Corridor 🏢 Strong National/Credit Tenants 🚗 Heavily Traveled Trade Area

Situated off South Baldwin Avenue, serving over 27,000 vehicles per day and close access to State Highway 18 (8,800 VPD). The property is in a dense retail corridor, surrounded by national/credit tenants like Walmart Supercenter, Lowe’s, Aldi, CVS, and more. High visibility and easy access make this an ideal location for a thriving auto dealership.

🏡 Dense Residential Consumer Base 📊 Strong Demographics in 5-mile Trade Area

With over 36,528 residents, $64,944 average household income, and numerous nearby single-family communities and multi-family complexes, this location offers a solid residential consumer base to support your investment.

💰 Offering Summary: 🔹 Price: $260,000 🔹 Net Operating Income: $23,400 🔹 Cap Rate: 9.00% 🔹 Lease Type: Absolute NNN

Don't miss out on this fantastic investment opportunity with a seasoned local tenant in the auto dealership business. Act now and secure your piece of the income-producing pie.

📍 Property Address: 702 S. Baldwin Avenue, Marion, Indiana 46953 📅 Year Built: 1977 🌐 Ownership: Fee Simple (Land & Building)