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NNN-Leased Convenience Store

6073 West US 52, New Palestine, IN 46163

For Sale
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The convenience and fuel property operates under an absolute NNN lease with no landlord responsibilities.

Property Size5,123 SF
Lot Size2.79 Acres
Price / SF$648.06
Days on Market12

Property Features for 6073 West US 52

General Information

Standard status Active
Size 5,123 SF
Lot size 2.79 Acres
Property subtype Retail, Mixed Use
Occupancy 100%
Net Operating Income $174,045

Site & Location

Traffic Count 18,000 vehicles/day
Highway Access Yes
Road Access Yes

Automotive

Automotive Uses fuel station
Convenience Store Yes
Fuel Brand GetGo

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants GetGo
Real Estate Included Yes

Building Details

Year Built 2018
Buildings 1
Tenancy Single
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Alex Sharrin · License IL 475.170243
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 5:52PM

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 JLL Chicago | Americas Headquarters

Rey
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Investment Insights

Based on property information with market context.

The GetGo convenience and fuel property includes a 5,123-SF building constructed in 2018 on a 2.79-acre site. Its absolute NNN lease has approximately 13.1 years remaining, with eight 5-year renewal options. Rent increases are 5.0% every five years during the primary term and 2.5% during the options; landlord responsibilities are zero.

At 6073 West US 52 in New Palestine, the property sits at the junction of West US 52 and South 600 West, about 18 miles east of downtown Indianapolis. The location records exposure to approximately 18,000 vehicles daily. The five-mile trade area has 43,146 residents and has grown 25% since 2010. GetGo operates 278 locations across Indiana, Maryland, Ohio, Pennsylvania, and West Virginia. Its parent company, Alimentation Couche-Tard, carries a BBB+ stable credit rating from S&P.

Key Highlights

  • Absolute NNN lease with approximately 13.1 years remaining and zero landlord responsibilities
  • Eight 5‑year renewal options; rent increases of 5.0% in the primary term and 2.5% in the options
  • 5,123 SF building, built 2018, on a 2.79‑acre site

Property Analytics

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Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Auto Repair Shop Hair Salon

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

Lease Details

18,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby

Demographics for 46163, IN

13,489
Population
5,476
Households
2.5
Avg Household Size
43
Median Age
44%
College-Educated
96%
High-School Grad
29.7 sq mi
ZIP Area
454
Density / Sq Mi
$111,378
Median Household Income
$59,962
Median Earnings
$1,232
Median Rent
$313,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
NNN property - The convenience and fuel property operates under an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 6073 West US 52 New Palestine, IN.
What is the asking price?
The asking price for this property is $3,320,000.
What are key features of this property?
This property features: Absolute NNN lease with approximately 13.1 years remaining and zero landlord responsibilities; Eight 5‑year renewal options; rent increases of 5.0% in the primary term and 2.5% in the options; 5,123 SF building, built 2018, on a 2.79‑acre site
(305) 913-5545 Call to check price and availability
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