Offering Memorandum
Property Highlights
- 18 YEARS REMAINING ON ORIGINAL 20 YEAR ABSOLUTE NNN GROUND LEASE
- LARGEST BURGER KING OPERATOR IN THE UNITED STATES, CARROLS, LLC
- PROXIMITY TO NATION’S LARGEST MULTI-USE SPORTS COMPLEX, GRAND PARK SPORTS COMPLEX
- MAJOR DEVELOPMENTS WITHIN ONE-MILE RADIUS OF SUBJECT PROPERTY
- AFFLUENT DEMOGRAPHICS IN GROWING INDIANAPOLIS SUBURB
- Price: $2,891,000
- Lot Size: 31,363 SF
- Cap Rate: 4.15%
- Lease Type: Triple Net (NNN) Ground Lease
- Year Built: 2020
- Building SF: 3,235 SF
- Status: Sold
- Guarantor: Carrolls