935 Richard Rd - Freestanding FOR SALE
Dyer, IN 46311 |
$1,760,000 USD
858-373-3184
935 Richard Rd
Dyer, IN 46311
HIGHLIGHTS
- 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Favorable Low Rent.
- Brand New High Quality Construction w/ Dual Drive-Thru.
- Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility Along U.S. Route 30.
- Densely Populated and Affluent Northern Indiana Suburb: Features an Average Household Income of more than $111k within a 1-Mile Radius.
- Down the Street from new West Lake Corridor Rail Line Dyer/Munster Station - $945M Project to Reduce Travel Time to Chicago to 45 Minutes.
- Strategically Located near Major Highways, including U.S. Route 30 and I-394, providing Direct Access to Chicago and Surrounding Areas.
OVERVIEW
Seven Brew Coffee w/ Dual Drive-Thru | 15 Year Absolute Ground Lease | Blackstone Recently Invested in 7-Brew and Seeks to Help Rapidly Expand the Concept | Brand New 2025 Construction | Immediate Area Experiencing Major Growth | Densely Populated and Affluent Northern Indiana Suburb: $111k+ Avg. HHI | Directly Across from Dyer Town Center Shopping Mall | Near Major Hospital
Indiana Broker of Record: Josh Caruana | 600 East 96th St., Ste. 500 Indianapolis, IN 46240 | P: (317) 218-5300 | Lic #: RB14034355 Josh.Caruana@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,760,000 USD
PRICE/SF
$185 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
7-BREW COFFE w/ DUAL DR-THRU | 15 YEAR NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
79
LAND DETAILS
LAND ACRES
0.75 AC
LAND SF
32,670 SF
ZONING
R33
APN/PARCEL ID
45-11-18-103-003.000-034
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858-373-3184
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858-373-3184
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