2345 30Th StIndianapolis, IN 46218

This fee-simple retail property offers a 10,043 square foot Family Dollar storefront located at 2345 E 30th St, Indianapolis, IN 46218, on a 0.62-acre lot. The property boasts a 100% occupancy rate with a lease extending through September 2028, including a five-year renewal option with a 10% rent increase. The current annual rent is significantly below market value at approximately $6.30 per square foot for the remaining four years of the primary lease term. Built in 1957, the single-story building features a new roof installed in 2019, backed by a 20-year warranty. The property benefits from a highly visible location at a hard corner with over 26,000 average daily vehicles passing by. The strong tenant, Family Dollar, is a nationally recognized brand with a proven track record. The surrounding area offers a robust population base, with over 12,800 residents within a one-mile radius and over 292,000 within a five-mile radius, boasting an average household income exceeding $77,000. The property's proximity to downtown Indianapolis, the Indiana State Fairgrounds, and Ivy Tech Community College further enhances its desirability. The asking price for this exceptional investment opportunity is $800,292.