Investment Overview

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace Marcus & Millichap is pleased to present a single tenant QSR (quick service restaurant) property leased to Cali King Burger located at 1402 N Arlington Avenue in Indianapolis, Indiana (the “Property”). The Property offers an investor the opportunity to acquire a stabilized, cash-flowing asset within a densely populated residential community. 1402 N Arlington consists of a 1,974 square foot freestanding, single-story retail building situated on 0.64 acres. The Property is fully occupied with a lease that runs through January 1, 2027 and a monthly rent of $3,500. Positioned on a hard corner intersection, the Property benefits from traffic counts of 19,021 vehicles per day on N Arlington Avenue. The Property is located in an established residential community and minutes from I-70 and I-465. The Property also benefits from surrounding retail traffic and tenancy of Walgreens, CVS, Dollar Tree, Dollar General, Family Dollar, Metro, DaVita Dialysis, O’Reilly Autoparts, and several other national and local credit businesses. Located inside the beltway in a thriving and growing Indianapolis community, the Property presents investors with a centrally located asset surrounded by dense residential communities and a thriving retail corridor. Downtown Indianapolis is just a few minutes west, thanks to the surrounding interstates. The Property serves a trade area that benefits from strong demographics with a population of 269,980 residents and an average household income of $58,104 within a 5-mile radius. The population has experienced 14.18% growth from 2010-2023 with 2.03% growth expected to continue through 2028. Dennis Jackson c/o Fisher Auction Company Inc. License: AU01014422