Investment Overview

Marcus & Millichap is pleased to present for sale the Beef-A-Roo, a long-term, absolute NNN lease investment, in Warsaw, Indiana. The offering represents an opportunity to acquire an absolute NNN-leased quick-service restaurant with 18 years of remaining term and zero landlord responsibilities. The tenant, Beef-A-Roo, Inc., operates under a proven and expanding Midwest concept, combining strong brand recognition with an aggressive growth strategy. The lease is structured with 2% annual rental increases throughout the base term and each of the four, five-year option periods, providing investors with a reliable hedge against inflation and consistent income growth. The lease is backed by both a corporate guaranty from Elysian Capital during the lease term and a personal guaranty through 2029. The property is positioned along E. Center Street, which experiences +/-23,000 vehicles-per-day and near IN US-30, Warsaw’s primary retail corridors that experiences +/-30,000 vehicles-per-day; offering strong visibility, high traffic counts, and proximity to a dense concentration of national retailers. The site also sits next to a signalized intersection, further enhancing accessibility and consumer traffic. This Beef-A-Roo delivers an attractive yield with built-in rent growth, projecting a cap rate exceeding 12% by year 20. The combination of passive ownership structure, long-term lease security and annual rental increases makes this investment a great opportunity for investors seeking cash flow, zero landlord responsibilities, and long-term lease commitment in a prime retail corridor.