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Restaurant

Boston Market

8103 Rockville Rd, Indianapolis, IN 46214

Listing Price: $1,490,871

Cap Rate
5.50%
Tenant Name
Boston Market
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
2,052
Lease Type
Absolute Net
Rent Per Square Feet
$39.96

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in 8103 Rockville Road (The Property), a 2,052-square-foot building in which Boston Market has just executed a long-term absolute net lease. The Property is in Indianapolis, IN, positioned 7 miles west of downtown on the busy Rockville Road throughfare that sees over 48,000 vehicles per day. The Property is on a strategically located pad adjacent to Belle Tire, Woodspring Suites, and across the street from Kroger and a major Frito-Lay manufacturing facility. This offering presents the opportunity to acquire a newly executed long-term corporately guaranteed Boston Market lease with a drive-thru and ~12.50% increases every 5 years. The asset also sits within the densely populated and growing west Indianapolis, IN submarket.

Investment Highlights

  • Newly Executed Long-Term Lease – Zero Landlord Responsibilities
  • Densely Populated & Burgeoning Indianapolis Submarket
  • Superior Retail Corridor – National Tenants including Kroger, Culvers, Autozone, and Frito-Lay Inc among others
  • Frontage along Rockville Road: 48,000+ VPD Artery through Indianapolis

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Listing Price: $1,490,871

Cap Rate
5.50%
Tenant Name
Boston Market
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
2,052
Lease Type
Absolute Net
Rent Per Square Feet
$39.96

Investment Highlights

  • Newly Executed Long-Term Lease – Zero Landlord Responsibilities
  • Densely Populated & Burgeoning Indianapolis Submarket
  • Superior Retail Corridor – National Tenants including Kroger, Culvers, Autozone, and Frito-Lay Inc among others
  • Frontage along Rockville Road: 48,000+ VPD Artery through Indianapolis

Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in 8103 Rockville Road (The Property), a 2,052-square-foot building in which Boston Market has just executed a long-term absolute net lease. The Property is in Indianapolis, IN, positioned 7 miles west of downtown on the busy Rockville Road throughfare that sees over 48,000 vehicles per day. The Property is on a strategically located pad adjacent to Belle Tire, Woodspring Suites, and across the street from Kroger and a major Frito-Lay manufacturing facility. This offering presents the opportunity to acquire a newly executed long-term corporately guaranteed Boston Market lease with a drive-thru and ~12.50% increases every 5 years. The asset also sits within the densely populated and growing west Indianapolis, IN submarket.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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