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Details: Retail

Asking Price: $2,434,683

Square Feet: 510 SF

Asking Cap Rate: 6.0%

Year Built: 2023

NOI: $146,081

Lease Structure: Absolute NNN

7 Brew – Lafayette, IN

3602 Cougill Ln, Lafayette, IN 47909

•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 Walmart, O’Reilly Auto Parts, AutoZone and more

Centrally Located to several neighborhoods and multifamily developments

•2022 Population

•1 Mile – 7,759

•3 Mile – 46,111

•Located across the street from the only Walmart Supercenter in the trade area

•Access to the signalized intersection of Veterans Memorial Pkwy and Osborne Dr.

Strong traffic counts on Veterans Memorial Pkwy of 16,000 VPD

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