Steak ‘n Shake | Triple Net (NNN) Lease

Highlights:

• Steak ‘n Shake is Open and Current on All Rent Payments
• Strong Rent-to-Sales Ratio; Please Contact Brokers For More Information
• Currently Exercising the First Two (2) of Four (4) Extensions Showing Commitment to the Site
• Strategically Positioned as an Outparcel to Meijer Grocery and Menards Home Improvement Stores
• Adjacent to the Walmart Supercenter Anchored Shopping Center With National Retail Tenants Including: Goodwill, Kohl’s, PetSmart and Marshalls
• Easy Access to Hwy 24 Off Maysville Road Which Enjoys Traffic Counts of Over 47,000 VPD
• Strong Demographics With a Population of Over 31,652 Residents Making an Average Household Income of $85,289 Within a 3-Mile Radius
• Just 5-Miles From Purdue University Fort Wayne Which Spans 688 Acres and 40 Buildings Across the Campus; PUFW is Accredited By the Higher Learning Commission and Offers More Than 200 Academic Options
• Fort Wayne is Located in NE Indiana and is 18-Miles West of the Ohio Border and 50 Miles South of the Michigan Border; It’s the 2nd Most Populous City in Indiana
• Other Nearby Tenants Include: Starbucks, Arby’s, Walgreens, Michaels, Dollar Tree, Dairy Queen, Jiffy Lube, Bob Evans and More

Description:

Sands Investment Group and Eclipse Real Estate Inc. Are Pleased to Present For Sale the 3,649 SF Steak ‘n Shake Located at 5402 Meijer Drive in Fort Wayne, Indiana. This Opportunity Includes a Triple Net (NNN) Lease on a High-Quality Tenant That is an Outparcel to a Meijer Shopping Center, Providing For a Secure Investment.


IN COOPERATION WITH:  BRYAN CHANDLER IN Lic. # RB14027408
317.614.9402 | DIRECT bchandler@eclipsere.com Eclipse Real Estate, Inc. - IN Lic. # CO10400057
6402 Cornell Avenue | Indianapolis, IN 46220
317.614.9400 | OFFICE

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