Steak ‘n Shake | Triple Net (NNN) Lease

Highlights:

• Triple Net (NNN) Lease With Zero Landlord Responsibilities
• Strong Rent-to-Sales Ratio; Please Contact Brokers For More Information
• Tenant Recently Exercised One of Their Five Year Extensions Early, Showing Commitment to the Site
• Located Along State Rodd 32 at I-65, Which Sees a Combined Traffic Count of Over 82,900 VPD
• Residents Make an Average Household Income of $66,640 Within a 5-Mile Radius and Spend a Majority of Their Income on Food and Beverage
• Positioned in a Warehouse/Manufacturing District With Companies Like: Continental General Tire, Hendrickson, XPO Logistics, Purity Grocers, Camping World, CNH Industrial and Hachette Books
• Major Employers in Lebanon Include Festool (Power Tools), Skjodt-Barrett (Food Manufacturer); Subaru Distribution Center and Kauffman Engineering
• Indianapolis is a Quick 30 Minutes Southeast Down Interstate 65
• Nearby Tenants Include: KFC, Arby’s, Holiday Inn, Taco Bell, Quality Inn, McDonald’s, Denny’s, White Castle, Menards, Midas, AutoZone and More

Description:

We Are Pleased to Present Exclusively For Sale the 3,734 SF Steak ‘n Shake Located at 1236 W State Road 32 in Lebanon, Indiana. This Opportunity Includes a Triple Net (NNN) Lease With Zero Landlord Responsibilities, 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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