Investment Overview

Marcus & Millichap is pleased to present the opportunity to purchase interest in a brand new, 15-Year Absolute Triple Net ground lease in Valparaiso, Indiana. This drive-thru location was built in 2025 and just opened for business. The lease insulates ownership from all landlord responsibilities, with the tenant paying operating expenses directly, while maintaining full responsibilities for all the improvements. Nestled between several exciting new development projects, this location is centrifugal to a flurry of retail activity occurring in Northwest Indiana. The building features 7 Brew’s latest prototype design, with a welcoming double drive-thru stack that is ingeniously integrated into the building’s design lines. Valparaiso, Indiana is part of the Chicago MSA, but offers a business-friendly alternative, with a lower cost of living, than most other Chicagoland submarkets afford. Area demographics are notably strong – with a population density of +58,000 people within a 5-mile radius, and average household incomes in excess of $110,000 annually. The lease is guaranteed by a 7 Brew franchisee with 7 other locations currently open for business. 7 Brew is a growing brand with 330 locations and a plan to accelerate development of new units. Northwest Indiana is a particular focus for them as they focus on their core strengths – a personalized customer experience characterized by speed, service and quality. This is a rare opportunity to own one of the last pieces of a core Valparaiso retail development, with the benefit of a long-term ground lease with significant scheduled rent growth over time.