This well-established convenience store with gas sits on Kentucky Avenue (IN State Rd 67), a key thoroughfare into downtown Indianapolis. The corner location between downtown and the airport offers high traffic, maximum visibility and customer flow.
Adjacent, undeveloped land, also owned by the seller, offers significant expansion potential. Included in the PSP is a proposed site plan that outlines the conversion to a mini-truck stop with diesel fueling. Interest in the additional property must be specified in any offer.
Property Information
Property Ownership
Fee
Zip Code
46221
County
Marion
Building Size
2,560 sf
Approx. Lot Size
1.75 ac (does not include adjoining parcel)
Year Built
TBD
Zoning
C4
Property Taxes
$0
Tax Year
TBD
Fuel Supply and Branding
Current Store Brand
Unbranded
Current Fuel Brand
Marathon
Fuel Supply Term
Sold without supply contract.
Tenant Information
Lease Expiration
Month-to-Month
Tenant Type
Dealer-Operator
Pertinent Information
Dealer-Operated store. No financial information is available. Property sold without Dealer lease.
UST and Environmental
Number of USTs
3
Number of MPDs
Four Gas, 1 Diesel
Tank Construction
Facility ID 25354. Three USTs currently in use, two gasoline tanks and one diesel tank, installed 11/15/2012. Total capacity is 24,000 gallons.
Environmental Comments
Incident Number 201601509 received NFA-Unconditional Closure. No other known environmental issues.
Property Viewing and Inspection
Inspection of the gas station may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING.
Disclaimer
Although information has been obtained from sources deemed reliable, NRC Realty & Capital Advisors, LLC, the Seller, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without expressed or implied warranty of any kind. Lot and building sizes are approximate. Property may be withdrawn at any time without notice.
Submitting An Offer
To submit an offer, download the Property Specific Package ("PSP") file below and complete the form of Purchase Agreement included. When complete, email your signed offer to salesteam@nrc.com by or before the Bid Deadline date.
Broker Information
NRC Realty Advisors of Indiana, LLC. Lic. #RC51500231.
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