Marcus & Millichap is pleased to present qualified investors with a rare opportunity to acquire a corporate-backed, double-net leased asset in one of Indianapolis’ most active commercial corridors. Strategically located along US Highway 31 S, the property benefits from exceptional visibility and exposure to over 37,000 vehicles per day, while sitting between two major retail destinations that attract more than 31 million annual visitors within a 1.5-mile radius. The site is surrounded by a dense concentration of national retailers including Target, Walmart, Home Depot, Lowe’s, Kohl’s, Dick’s Sporting Goods, TJ Maxx, Marshalls, Ross, JC Penney, and Floor & Decor. Additionally, the property is directly across from and adjacent to major automotive dealerships such as Toyota, Chevrolet, Kia, and Honda, contributing to a robust and consistent customer base. The lease is backed by T-Mobile USA, Inc. (NASDAQ: TMUS), the second-largest wireless carrier in the U.S. with over 130 million subscribers. Originally operated as a Sprint store, the site was fully remodeled following T-Mobile’s acquisition of Sprint in April 2020, with all improvements completed at the tenant’s sole expense. The tenant has continued to invest in the property, including a recent HVAC upgrade, and recently extended the lease by one year with an additional two-year option that includes scheduled rent increases — a strong signal of their long-term commitment to the location. The lease structure is double-net, with the landlord responsible only for the roof and structure. The roof carries a 10 Year Roof Warrant with 5 Years remaining minimizing future capital exposure and enhancing the property’s passive investment profile.