Indianapolis, IN 46268

Dairy Queen

Property Address

2935 West 71st Street, Indianapolis, IN 46268, USA

Offering Summary

  • Price: $1,882,000
  • Lot Size: 0.73 Acres
  • Cap Rate: 6.00%
  • Year Built: 1970
  • Building SF: 2,735
  • Status: Available
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  • Brand New 18-Year Absolute Triple-Net (NNN) Lease with Dairy Queen - 30 Unit Franchisee
  • 10 Percent Rental Increases Throughout the Initial Lease Term with 7.5 Percent Rental Increases in Each Renewal Option Period
  • 187,356 Residents and 250,266 Daytime Employees within a Five-Mile Radius - Growing Indianapolis Infill
  • Located at the Corner of Michigan Road and West 71st Street/Westlane Road - More Than 37,000 Combined Cars per Day
  • Surrounded by National Tenants - CVS, Save A Lot, Taco Bell, AutoZone, Long John Silver’s and More
  • Average Household Income Exceeds $94,000 within Five Miles of the Subject Property
  • Easily Accessible Location - Situated Three Miles to the South and East of the Interstate 465 Freeway

Broker Information