1215 N Detroit St Warsaw, IN 46580

The property is a 7,000 square foot retail space occupied by Advance Auto Parts. The tenant has demonstrated commitment to the location through multiple lease extensions, the most recent of which extends through December 2034. The lease includes a significant 21% rental escalation in the first renewal option. Landlord responsibilities are limited to the structure only. Advance Auto Parts is a publicly traded company on the New York Stock Exchange (AAP). The location benefits from its position along North Detroit Street, which experiences 22,600 vehicles per day, and its proximity to US Highway 30, with a traffic volume of 30,000 vehicles per day. The surrounding area features a mix of retailers, including Meijer, Lowe’s, Walmart, Menards, Starbucks, Buffalo Wild Wings, Sherwin-Williams, and O’Reilly Auto Parts. The property is located several minutes from Lutheran Kosciusko Hospital (72-bed) and Warsaw Municipal Airport. The location is within a five-mile radius of a population of over 37,500 people, with an average household income of $98,299. Warsaw, IN is known as the “Orthopedic Capital of the World”.