1121 Market St Logansport, IN 46947-3561
20-Year NNN Lease, High ROI, Indiana
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $1,750,000 asking price for a 4,270 SF Hardee's in Logansport, IN.
- 20-year absolute NNN lease with zero landlord responsibilities.
- 6.5% rent increases every five years, providing inflation hedge.
- Strong parent company guarantee from Midwest First Star, Inc., operating 31 locations.
- 2020-built property with drive-thru, located near major thoroughfare.
- Limited fast-food competition in the area.
Property Details for 1121 Market St
- Property type
- Retail properties, Restaurants
- Square Feet
- 4,270 SF
- Year Built
- 2020
- Lot Size (sq. ft)
- 41,818 SF
Location Insight
- City
- Logansport
- County
- Cass
- State
- Indiana
- Latitude
- 40.754647487278
- Longitude
- -86.355126368674
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 20-Year NNN Lease, High ROI, Indiana
- Where is the retail property located?
- The property is located at 1121 Market St Logansport, IN.
- What is the asking price?
- The asking price for this property is $1,750,000.
- What are key features of this property?
- This property features: $1,750,000 asking price for a 4,270 SF Hardee's in Logansport, IN.; 20-year absolute NNN lease with zero landlord responsibilities.; 6.5% rent increases every five years, providing inflation hedge.
- How can I contact the broker?
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