New Construction | 9.75 Years Remaining on NN Lease with Corporate Guaranty | Four Five-Year Options | 7.5% Rental Increases Every Five Years Including Option Terms
Larger Prototype – 2,540 Square Feet | No Kickout Clause
Site Offers 20-Car Stacking with Two Additional Queue Spots After the Window
Located in a Highly Trafficked Retail Corridor with Strong Performing National Retailers Nearby (Foot Traffic per Placer.ai): McDonald’s (96% Nationwide and 94% Statewide), Kroger (88% Nationwide), McAlister’s Deli (88% Nationwide), Aaron’s (87% Nationwide), Home Depot (95% Statewide), Chick-fil-A (97% Statewide), Walmart (95% Statewide), Planet Fitness (84% Statewide), Cracker Barrel (92% Statewide), and Tractor Supply (84% Statewide)
Adjacent to McKenzie Plaza with Ace Hardware, McAlister’s Deli, Aaron’s, Jimmy Johns, Don Rigos, and AT&T | Next to McDonald’s
Excellent Visibility on N State Street (25,839 VPD)
Affluent Suburb of Indianapolis | Five-Mile Average Household Income is $93,144 | 23.7 Miles from Downtown Indianapolis
Part of the Indianapolis MSA with over 2.1 Million Residents | Indianapolis is the 16th Largest City in the US | | Indiana was Ranked as the Best State to Start a Business by Forbes in 2023 | Venture Investments in the Indianapolis MSA Surpassed $1 Billion for the Second Consecutive Year in 2023
Investment-Grade Tenant | Starbucks is the World’s Largest Coffee Chain with over 40,000 Locations in 87 Countries | BBB+ Rating by S&P | 2024 Revenues were $36.2 Billion