351 Monon Blvd - Restaurant FOR SALE


Carmel, IN 46032
$8,234,283 USD
317-269-1031
351 Monon Blvd, Carmel, IN for Sale
$8,234,283 USD
Restaurant - FOR SALE
1/4
null | 6% Cap Rate

351 Monon Blvd
Carmel, IN 46032


HIGHLIGHTS

  • Sun King has approximately 8.5 years remaining. They exercised an early five-year renewal in 2022 extending the lease through May 2033. The tenant rei
  • Sun King commenced their initial production in 2009. Today Sun King offers products available on tap and in cans throughout Indiana, Illinois, and Fl
  • Carmel, the most affluent and densely populated suburb of Indianapolis, has been awarded recent multiple accolades including #2 Best Place to Live in
  • Carmel’s Meridian Street Corridor is home to the second largest concentration of office workers in the state of Indiana. It is home to more than 100 c
  • Dense surrounding populations of 11,661 within one mile, 68,879 within three miles, and 170,770 within five miles
  • Average household incomes are $108,782 within one mile, $168,646 within three miles, and $161,943 within five miles

FOR SALE DETAILS

PRICE

$8,234,283 USD

PRICE/SF

$579 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun King Brewery Heart of Midtown Carmel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

-

APN/PARCEL ID

29-09-25-165-009.202-018

ASK ABOUT THIS PROPERTY

Matthew GrayCBRE, Inc.More Info
317-269-1031

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Matthew GrayCBRE, Inc.More Info
317-269-1031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.