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Restaurant

Starbucks | $130K AHHI | Affluent Suburb | Adjacent to Brand-New Costco & Crunch Fitness

14528 Herriman Blvd, Noblesville, IN 46060

Listing Price: $2,921,530

Cap Rate
5.75%
Tenant Name
Starbucks Corporation
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
2,225
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$75.50

Investment Overview

Marcus & Millichap is pleased to present for sale the Starbucks located in the city of Noblesville, part of Hamilton County; Indiana’s most affluent and premier submarkets.

Built in 2023, the Property sits on 0.92 acres of prime real estate along a major trade-area intersection that experiences approx. 80,000 VPD and is surrounded by national retailers, residential communities and brand-new commercial developments. The Property also benefits from being located next to Indiana’s Nickel Plate Trail, a paved walking and cycling path that begins at 146th Street and leads directly through downtown Fishers and is considered one of the busiest urban greenways in Indiana. The immediate 1-mile radius is filled with national retailers such as a brand-new Costco and Crunch Fitness, Jagger’s, Urban Air Adventure Park, Moe’s Southwest Grill, Pickleman’s Gourmet Café, Circle K, CVS, AutoZone, Buffalo Wild Wings and many more. The Property is also adjacent to one the newest and largest master-planned, class A industrial parks north of downtown Indianapolis offering +/- 5M SF across +/-300 acres. Hamilton County, Indiana is one of the most affluent and premier submarkets in the state with above average median household incomes and nationally ranked public school systems and is consistently recognized by various national publications as the top “Best Places to Live” and “Best Schools” in the United States.

Investment Highlights

  • Located in the Most Affluent County and Highly Sought After Submarket for Investments in Indiana-Five-Mile Average Household Income of +/-$130,000
  • Adjacent to Brand-New Costco and Crunch Fitness and Surrounded by National Retailers, New Developments, Residential Communities and a Large, Class A Industrial Park
  • Located at SR 37 and 146th Street Interchange that Experiences Approximately 80,000 Vehicles-Per-Day
  • Hamilton County, Indiana Nationally Ranked Public School Systems and is Consistently Recognized by Various National Publications as the Top "Best Places to Live" and "Best Schools" in the United States
  • Easily Accessible from Indiana's Monon Trail, a 25-Mile Paved Walking and Cycling Trail that Experiences +/-4,000 Daily Users and is Considered One of the Busiest Urban Greenways in the United States

Exclusively Listed By

Restaurant

Starbucks | $130K AHHI | Affluent Suburb | Adjacent to Brand-New Costco & Crunch Fitness

Listing Price: $2,921,530

Cap Rate
5.75%
Tenant Name
Starbucks Corporation
Years Remaining On Lease
9.1
Guarantor
Corporate Guarantee
Rentable SF
2,225
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$75.50

Investment Highlights

  • Located in the Most Affluent County and Highly Sought After Submarket for Investments in Indiana-Five-Mile Average Household Income of +/-$130,000
  • Adjacent to Brand-New Costco and Crunch Fitness and Surrounded by National Retailers, New Developments, Residential Communities and a Large, Class A Industrial Park
  • Located at SR 37 and 146th Street Interchange that Experiences Approximately 80,000 Vehicles-Per-Day
  • Hamilton County, Indiana Nationally Ranked Public School Systems and is Consistently Recognized by Various National Publications as the Top "Best Places to Live" and "Best Schools" in the United States
  • Easily Accessible from Indiana's Monon Trail, a 25-Mile Paved Walking and Cycling Trail that Experiences +/-4,000 Daily Users and is Considered One of the Busiest Urban Greenways in the United States

Investment Overview

Marcus & Millichap is pleased to present for sale the Starbucks located in the city of Noblesville, part of Hamilton County; Indiana’s most affluent and premier submarkets. Built in 2023, the Property sits on 0.92 acres of prime real estate along a major trade-area intersection that experiences approx. 80,000 VPD and is surrounded by national retailers, residential communities and brand-new commercial developments. The Property also benefits from being located next to Indiana’s Nickel Plate Trail, a paved walking and cycling path that begins at 146th Street and leads directly through downtown Fishers and is considered one of the busiest urban greenways in Indiana. The immediate 1-mile radius is filled with national retailers such as a brand-new Costco and Crunch Fitness, Jagger’s, Urban Air Adventure Park, Moe’s Southwest Grill, Pickleman’s Gourmet Café, Circle K, CVS, AutoZone, Buffalo Wild Wings and many more. The Property is also adjacent to one the newest and largest master-planned, class A industrial parks north of downtown Indianapolis offering +/- 5M SF across +/-300 acres. Hamilton County, Indiana is one of the most affluent and premier submarkets in the state with above average median household incomes and nationally ranked public school systems and is consistently recognized by various national publications as the top “Best Places to Live” and “Best Schools” in the United States.

Exclusively Listed By

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