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7-BREW COFFE w/ DUAL DR-THRU | 15 YEAR NNN 935 Richard Rd

510 SF Retail Building Dyer, IN 46311 $2,475,264 CAD ($4,853 CAD/SF) 6.25% Cap Rate

Retail Buildings Indiana Dyer 935 Richard Rd, Dyer, IN 46311

Investment Highlights

  • 15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Favorable Low Rent.
  • Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility Along U.S. Route 30.
  • Down the Street from new West Lake Corridor Rail Line Dyer/Munster Station - $945M Project to Reduce Travel Time to Chicago to 45 Minutes.
  • Brand New High Quality Construction w/ Dual Drive-Thru.
  • Densely Populated and Affluent Northern Indiana Suburb: Features an Average Household Income of more than $111k within a 1-Mile Radius.
  • Strategically Located near Major Highways, including U.S. Route 30 and I-394, providing Direct Access to Chicago and Surrounding Areas.

Executive Summary

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

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
510 SF
Building Class
C
Year Built
2024
Price
$2,475,264 CAD
Price Per SF
$4,853 CAD
Cap Rate
6.25%
NOI
$154,704 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
0.75 AC
Zoning
R33
Parking
79 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
192 ft on Lincoln Hwy

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • 7-Brew Coffee
  • Retailer
  • 510 SF
  • -
  • Net
  • Mar 2040
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
7-Brew Coffee Retailer 510 SF - Net Mar 2040

Links

1 of 1
(858) 373-3184

  • Listing ID: 33689983

  • Date on Market: 2024-10-30

  • Last Updated:

  • Address: 935 Richard Rd, Dyer, IN 46311

The Retail Property at 935 Richard Rd, Dyer, IN 46311 is currently available For Sale. Contact The Mansour Group of Marcus & Millichap for more information.

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7-BREW COFFE w/ DUAL DR-THRU | 15 YEAR NNN | 935 Richard Rd
(858) 373-3184 x

7-BREW COFFE w/ DUAL DR-THRU | 15 YEAR NNN | 935 Richard Rd

1/2

Alvin Mansour

(858) 373-3184

(858) 373-3184

Brendan Kenavan

(858) 373-3141

(858) 373-3141

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