Miscellaneous
RangeUSA | 12+ Years Remaining
120 Country Club Rd, Indianapolis, IN 46234
Listing Price: $4,138,000
Investment Overview
Marcus & Millichap is pleased to exclusively present a RangeUSA with over 12 years of lease term remaining, located in Indianapolis. Range USA is a national tenant, and the world's largest operator of indoor gun ranges, formerly known as Shoot Point Blank. Attractive lease terms include 10% rental increases every five years, minimal landlord responsibilities, and a corporate guarantee. Subject property is conveniently situated off a heavily traveled intersection with 58,000 vehicles per day, and 2.4 miles off of Interstate 465 with over 180,000 vehicles per day. Many major retailers are in extremely close proximity, including Culver's, Belle Tire, WoodSpring Suites/Extended Stay America, and a Kroger-anchored shopping center across the street. Nearly 170,000 people live within five miles and over 12,000 people work within one mile. Subject property is only 8.5 miles from Downtown Indianapolis and 6.9 miles from Indianapolis International Airport.
RangeUSA | 12+ Years Remaining
Investment Highlights
- Range USA with Over 12 Years of Lease Term Remaining | New 2020 Construction
- Attractive Lease Terms | 10% Rental Increases Every Five Years | Corporately Guaranteed | Minimal Landlord Responsibilities
- Situated off of a Heavily Traveled Intersection | Country Club Road and U.S. Route 36 (Rockville Road) with Over 58,000 Vehicles per Day | Near Interstate 465 (180,000 VPD)
- Across the Street from Westpoint Commons | Kroger Anchored Shopping Center | Approximately 1.2 Million Visits in the Last 12 Months (Placer.ai)
- 8.5 Miles East of Downtown Indianapolis and 6.9 Miles North of Indianapolis International Airport
- Recent Developments in Close Proximity Include Fresh Thyme, Belle Tire, BioLife Plasma Services, Jaggers Restaurant (Owned by Texas Roadhouse), a Proposed Car-X, and More
Listing Price: $4,138,000
Investment Highlights
- Range USA with Over 12 Years of Lease Term Remaining | New 2020 Construction
- Attractive Lease Terms | 10% Rental Increases Every Five Years | Corporately Guaranteed | Minimal Landlord Responsibilities
- Situated off of a Heavily Traveled Intersection | Country Club Road and U.S. Route 36 (Rockville Road) with Over 58,000 Vehicles per Day | Near Interstate 465 (180,000 VPD)
- Across the Street from Westpoint Commons | Kroger Anchored Shopping Center | Approximately 1.2 Million Visits in the Last 12 Months (Placer.ai)
- 8.5 Miles East of Downtown Indianapolis and 6.9 Miles North of Indianapolis International Airport
- Recent Developments in Close Proximity Include Fresh Thyme, Belle Tire, BioLife Plasma Services, Jaggers Restaurant (Owned by Texas Roadhouse), a Proposed Car-X, and More
Investment Overview
Marcus & Millichap is pleased to exclusively present a RangeUSA with over 12 years of lease term remaining, located in Indianapolis. Range USA is a national tenant, and the world's largest operator of indoor gun ranges, formerly known as Shoot Point Blank. Attractive lease terms include 10% rental increases every five years, minimal landlord responsibilities, and a corporate guarantee. Subject property is conveniently situated off a heavily traveled intersection with 58,000 vehicles per day, and 2.4 miles off of Interstate 465 with over 180,000 vehicles per day. Many major retailers are in extremely close proximity, including Culver's, Belle Tire, WoodSpring Suites/Extended Stay America, and a Kroger-anchored shopping center across the street. Nearly 170,000 people live within five miles and over 12,000 people work within one mile. Subject property is only 8.5 miles from Downtown Indianapolis and 6.9 miles from Indianapolis International Airport.
