6075 Perry Worth Road
Whitestown, IN
Price:
$4,304,000
Cap Rate:
6.75%
NOI:
$290,500
Building Size:
Approx. 7,400 Sq. Ft.
Lot Size:
Approx. 0.93 Acres
Type:
Multi-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2023
Investment Overview
- 2023 Construction. 7,400+/- SF Building on 0.93+/- Acre Site. 100% Leased.
- Long term NNN leases with complimentary and internet/recession proof tenants including nationally recognized Tropical Smoothie Café, Chicken Salad Chick, Eyeglass World, and American Mattress.
- Newly constructed and fully leased outparcel to a recently developed and fully leased class A regional power center anchored by Hobby Lobby, Burlington, TJ Maxx, Ross and Planet Fitness.
- High profile and heavily trafficked interstate exit location with traffic counts in excess of 88,300 on I-65 and 31,500 on Whitestown Pkwy.
- Other tenants at the exit include Meijer, Lowe’s, Ashley, Five Below, Petco, Old Navy and dozens of restaurants, convenience stores, gas stations, banks, hotels and medical facilities.
- Whitestown has been the fastest growing community in Indiana every year for a decade with population growth of approx. 59% since 2010 within a 5-mile radius of subject property.
- Indianapolis | Crossroads of America | Population: 880,621+