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Charles Schwab | Rare 12-Year NNN Corp. Lease | Brand-New 2022 Marquee Design

2375 E 116th St, Carmel, IN 46032

Listing Price: $6,870,000

Cap Rate
4.00%
Tenant Name
Charles Schwab
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
7,140
Lease Type
Absolute Net
Rent Per Square Feet
$38.50

Investment Overview

- Approximately $2.5MM in building renovations to Charles Schwab Marquee Design - 10% rent increases every 5 years - Charles Schwab Tier A Construction

Investment Highlights

  • Brand New 12-year NNN Lease
  • Extremely rare Charles Schwab Corporate Guarantee
  • True Investment Grade Tenant: Prime AAA | A+ rating

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Bank

Charles Schwab | Rare 12-Year NNN Corp. Lease | Brand-New 2022 Marquee Design

Listing Price: $6,870,000

Cap Rate
4.00%
Tenant Name
Charles Schwab
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
7,140
Lease Type
Absolute Net
Rent Per Square Feet
$38.50

Investment Highlights

  • Brand New 12-year NNN Lease
  • Extremely rare Charles Schwab Corporate Guarantee
  • True Investment Grade Tenant: Prime AAA | A+ rating

Investment Overview

- Approximately $2.5MM in building renovations to Charles Schwab Marquee Design - 10% rent increases every 5 years - Charles Schwab Tier A Construction

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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