Investment Overview

Marcus and Millichap is pleased to present for your acquisition review the Dark Burger King in Indianapolis, Indiana. This Dark Burger King location is positioned right off of the 38th Street and N Illinois Street intersection, providing great visibility. 38th Street has almost 32,000 vehicles travel on it per day, and N Illinois Street has over 13,800. The 3,450 square foot building is drive-thru equipped, and is located in a dense retail corridor, giving future opportunity for increased retail traffic. Retail traffic drivers include McDonald’s, Family Dollar, Subway, Tide Cleaners, Dollar General, BP Gas Station, and more. Although historically a successful sales location, the tenant vacated the property in 2020 with four years left on the lease. Although the tenant no longer occupies the property, they continue to pay monthly rent through November of 2024. The property is located just over four miles away from Downtown Indianapolis, making it easily accessible, especially since it can be accessed by continuing south on N Illinois Street. There are three universities within a five-mile radius including Butler University, Marian University Indianapolis, & Ivy Tech. The Children’s Museum, located two miles from the property, was recently ranked No.1 on the 2023 USA Today Best Readers’ Choice Travel Award Contest for Best Children’s Museum. The Museum attracts an average of 1.3 million visitors each year. Also located close by are the Indiana State Fairgrounds, which is home to the Indiana State Fair, the Indianapolis Fuel Minor League Hockey Team, as well as over 400 other events bringing in over one million visitors combined.