4925 Scatterfield Rd Anderson, IN 46013-2911

This exceptional Anderson, Indiana retail property, totaling 3,525 square feet, presents a compelling investment opportunity. Currently 100% occupied by CleanSlate Outpatient Addiction Medicine under a lease extending until November 30, 2028, with a five-year option, this single-story building boasts a strong 8.25% cap rate. Built in 1995 and renovated in 2016, the property sits on a 0.87-acre lot at 4925 S Scatterfield Rd, 46013, enjoying high visibility along a major retail corridor with approximately 25,000 vehicles daily. Its strategic location directly across from a Walmart Supercenter and near numerous other national retailers, including Kohl's, Lowe's, and Hobby Lobby, ensures consistent traffic and strong tenant demand. CleanSlate, a reputable national operator with 74 locations, benefits from a lease with 3% annual rent increases and reimbursement of operating expenses, real estate taxes, and insurance. The property's proximity to Harrah's Hoosier Park Casino Racetrack further enhances its appeal. With a surrounding population of 65,131 within a five-mile radius, this investment offers a secure and profitable return. The asking price is $765,000, translating to $217.02 per square foot.