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Strickland Brothers Investment | 3 Store Portfolio

Bluffton/Decatur/Fort Wayne IN

  • Price
    $3,071,000

This exceptional 3-unit portfolio opportunity resulted from the acquisition of a 20-year industry veteran with nearly 10,000 satisfied customers. Notably, the sites are within a maximum 1.5 hour driving distance, making for efficient operational management.

• 661 N. MAIN STREET, BLUFFTON, IN 46714

• 951 N. 13TH STREET, DECATUR, IN 46733

• 10203 ILLINOIS ROAD, FORT WAYNE, IN 46814

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Details

Property Information

  • Property Type
    Investment
  • Rent Commencement
    6/1/21
  • Lease Term
    184 Months from RCD
  • Renewal Options
    Four Five-Year Renewals
  • Rent Escalations
    10% Every 5 Years

Pricing & Terms

  • Price
    $3,071,000
  • Cap Rate (Actual)
    6.05%

Property Documents

Aerial Map