Investment Overview

Marcus & Millichap is pleased to offer for sale the fee simple interest in 2401 South Western Avenue (the Property), a 2,500-square-foot, brand new construction building in which Popeyes has recently executed a long-term absolute net lease. Built in 2021, the Property is a new NOLA Prototype Popeyes and features a double drive-thru wrapping the East side of the building. The Property is strategically located along South Western Avenue, a highly-trafficked retail corridor with neighboring tenants including Burger King, Culver’s, Sherwin-Williams, Steak ‘n Shake, Arby’s, Walgreens, and Aldi. This offering presents the opportunity to acquire a new construction absolute net lease with one of the largest quick service restaurant chains in the world. The property boasts zero landlord responsibilities and is only 60 miles northeast of downtown Indianapolis.