The property offering consists of a single tenant, FedEx Office, net leased property along a primary retail corridor. FedEx Office has occupied the building since it was constructed in 1993. The lease has been recently amended and renewed through February 28, 2027 with an 8% rent increase, and an additional renewal option.
|Style||Retail – Free Standing|
|Building Size||7,144 SF|
Area Description: The subject property is located on the strongest retail corridor in Tippecanoe County, State Road 26 E, and is less than 2 miles to the Interstate 65 interchange. National retailers within 2 miles of the subject include Target, Sams Club, Chipotle, McDonalds, Speedway, Panera, Arby's, TJ Maxx, Five Guys, Chic Fil A, Popeye's, Lowe's, Home Depot, Pizza Hut, IMAX theaters, and many more. Traffic counts exceed 24,000 vehicles per day in front of the subject Property.