Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 100% occupied government-leased building in Hartford City, Indiana, anchored by two essential State of Indiana agencies: the Bureau of Motor Vehicles (BMV) and the Division of Family Resources (DFR). Backed by the credit of the State, the property delivers stable, recession-resistant income driven by non-discretionary services that are required to be accessible within each county. Strategically located along N Walnut Street, the property sits along Hartford City’s primary commercial corridor, benefiting from strong visibility and proximity to national and regional retailers. As the county-seat city of Blackford County, Hartford City serves as the governmental and economic hub for the surrounding rural communities, reinforcing the long-term importance of this location for state-operated services. Offered at an attractive price point, the asset provides a compelling combination of yield and security. Additionally, the property benefits from no real estate tax exposure, as taxes are either reimbursed or abated for state-leased properties, enhancing net operating income and reducing landlord expenses. Overall, this offering represents a low-management investment with durable income, and strong tenancy-ideal for investors seeking stability, yield, and minimal operational risk.