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Details: Retail

Asking Price: $2,098,217

Square Feet: 510 SF

Asking Cap Rate: 6.00%

Year Built: 2023

NOI: $125,893

Lease Structure: Absolute NNN

7 Brew – Indianapolis, IN

3710 S East St, Indianapolis, IN 46227

•Absolute triple net lease (Zero Landlord Responsibilities)

Brand New, 15-Year, Lease (2023 construction) with 5 (5-year) options to extend

•Annual rent escalations, providing Inflation Protection

•Lease guaranteed by 7Ventures, Inc. which is a subsidiary of KMAC (one of the Largest Restaurant Operators in the country with over 320+ units). There are more than 40 KMAC Seven Brew locations under development or open throughout the county, with an expectation to Grow To 200+ Locations.

Excellent Trade Area adjacent to Aldi, AutoZone, Kroger, Ross, Harbor Freight and more

Centrally Located to several neighborhoods and multifamily developments

•2022 Population

•1 Mile – 10,908

•3 Mile – 75,364

•Located on outparcel to Shoppers World anchored shopping center

•South East Street has strong traffic counts with almost 45,000 VPD

•Average HHI in trade area projected to grow 23% over the next 5 years

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