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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
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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