Listing Agency: Linville Team Partners Show Phone

Listed By: Jordan Cooper · License #305683 Show Phone

Source: Moodyscre

Added: Jun 17, 2025 Changed: Aug 9 Last Checked: Sep 4 at 12:10PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Linville Team Partners

Investment Insights

Based on property information with market context.

This retail property is leased to Strickland’s Enterprises, LLC. The rent commencement date was April 22, 2024, and the lease expires on March 31, 2039, leaving over 14 years remaining on the lease term. The lease is absolute NNN, with zero landlord responsibilities. The lease includes four 5-year renewal options and rent escalations of 10% every 5 years. The property is 1750 square feet and may be eligible for bonus depreciation; consult your tax advisor for details.

Key Highlights

• Absolute NNN Lease: Enjoy zero landlord responsibilities.
• Long‑Term Lease: Benefit from a 14+ year lease with Strickland’s Enterprises, LLC.
• Rent Escalations: 10% rent increase every 5 years.

Property Analytics

Property Profile

Current Use

Strickland Brothers 10 ... Auto Repair Shop Freedom Day Fireworks Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

246

Businesses Nearby

155k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 13% Groceries 11% Superstores 10%

Culver's Dining

21,448 visits/mo 0.2 miles

Aldi Groceries

16,471 visits/mo 0.0 miles

Speedway Shops & Services

15,655 visits/mo 0.2 miles

Big Lots Superstores

15,617 visits/mo 0.3 miles

Wendy's Dining

14,018 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this nnn properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

NNN property - NNN leased retail property with long-term tenant in place.

Where is this nnn property located?

The property is located at 2015 S Western Ave Marion, IN.

What is the asking price?

The asking price for this property is $1,911,756.

What are key features of this property?

This property features: Absolute NNN Lease: Enjoy zero landlord responsibilities.; Long‑Term Lease: Benefit from a 14+ year lease with Strickland’s Enterprises, LLC.; Rent Escalations: 10% rent increase every 5 years.