366 S Indiana St Mooresville, IN 46158

Building Details

Year Built

2022

Listing office Latitude Commercial b***@latitudeco.com Show Phone

Listing date Apr 8, 2026

Source Latitudeco

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Investment Insights

Based on property information with market context.

This is a 2,555 square foot freestanding commercial building offered as an NNN sale-leaseback property, providing a passive income stream. The property is located at 366 S. Indiana Street, Mooresville, IN 46158, offering strong visibility and accessibility. The lease structure requires no landlord responsibilities. The initial monthly rent is $11,500. The initial lease term is 15 years, executed at closing, with renewal period increases of 8%.

Key Highlights

• NNN Sale‑Leaseback Structure: Enjoy truly passive income with no landlord responsibilities.
• Long‑Term Tenant: Benefit from stable income backed by a 15‑year initial lease term.
• High Monthly Rent: Generates $11,500 in monthly rental income at commencement.

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FAQs

What type of property is this?

NNN property - 2,555 SF NNN sale-leaseback property in Mooresville, Indiana.

Where is this nnn property located?

The property is located at 366 S Indiana St Mooresville, IN.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: NNN Sale‑Leaseback Structure: Enjoy truly passive income with no landlord responsibilities.; Long‑Term Tenant: Benefit from stable income backed by a 15‑year initial lease term.; High Monthly Rent: Generates $11,500 in monthly rental income at commencement.