865 E Jefferson St Plymouth, IN 46563
NNN corporate backed lease with ±9 years of term remaining.
Type:Retail
Property size:
47,677 SFLot size:
5.14 Acres- Added:
- Jan 31, 2025
- Days on Market:
- 443
- Last Refresh:
- Mar 20 at 8:23 pm
Property Features for 865 E Jefferson St
General Information
- Standard status
- Active
- Size
- 47,677 SF
- Lot size
- 5.14 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1989
Listing agent Ryan Gomez License #CA: 01753933
Listing office Cushman & Wakefield - San Diego, California
Listing date Jan 31, 2025
Source Crexi
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 Cushman & Wakefield - San Diego, California
Overview
Recently Renovated Martin’s Super Market
The subject property is a recently renovated Martin’s Super Market located in Plymouth, Indiana. The property offers a NNN corporate backed lease guaranteed by SpartanNash Company (NASDAQ: SPTN) with approximately 9 years of term remaining and two 5-year options with automatic renewals. The tenant has over 24 years of operating history at this site. The NNN lease has limited landlord responsibilities, specifically for the roof and structure. A new roof was installed in 2021 with a transferable warranty. There is limited competition within the immediate trade area, and the subject property includes the only Starbucks within a 25-mile radius, located in-store. The site sits on a 5.14-acre lot with visibility and accessibility, featuring 327 feet of frontage on E. Jefferson Street, which experiences 9,110 vehicles per day, and several points of ingress/egress. The site provides access to U.S. Hwy 30 and U.S. Hwy 31 with a combined 33,760 vehicles per day. There are numerous hotels with over 430 rooms combined within a 3-mile radius, and the site is less than 3 miles from Pilgrim Place, a Lowe’s Home Improvement anchored shopping center. Martin’s Super Market is directly adjacent to Plymouth High School, which has approximately 1,157 average annual student enrollment, and is located nearby many dense residential neighborhoods. There are several national retailers within a 1.5-mile radius such as CVS, Walgreens, AutoZone Auto Parts, and Planet Fitness. Martin’s Super Markets includes a Side Door Deli Café and has the only Starbucks within a 25-mile radius located in-store, driving additional traffic. The site has over 13,900 visits on average per week, per Placer.ai. The property size is 47677 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Places Nearby
- Martin's Super Market — 865 E Jefferson St, Plymouth, IN 46563
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Marshall
- State
- Indiana
- Longitude
- -86.2979313
- Latitude
- 41.3438516
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - NNN corporate backed lease with ±9 years of term remaining.
Where is this grocery and convenience store located?
The property is located at 865 E Jefferson St Plymouth, IN.
What is the asking price?
The asking price for this property is $2,143,000.
What are key features of this property?
This property features: NNN corporate backed lease guaranteed by SpartanNash Company (NASDAQ: SPTN) with ±9 years of term remaining and two 5‑year options with automatic renewals.; Tenant has over 24 years of operating history at this site.; New roof installed in 2021 with a transferable warranty.
