Richmond, IN - Petland

Description:

• The tenant, Petland, Inc., recently exercised a 5-year lease renewal, demonstrating their long-term commitment to the location
• One (1) additional 5-year renewal option remains, featuring a flat $1 PSF annual rental increase, supporting future income growth and providing a built-in inflation hedge

• The asset benefits from strong frontage on National Rd E (15,000 VPD), a key local thoroughfare with steady daily exposure
• Just off I-70 (36,400 VPD), a major east-west regional artery, offering excellent access to both local and regional traffic
• High visibility and access from major roadways enhance customer convenience and drive consistent retail traffic

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Listing ID: a28TP000001onOLYAY