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6200 Opportunity Ln Merrillville, IN 46410

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For Sale
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NNN leased Cracker Barrel with 15 years remaining near Chicago.

Property size:
8,327 SF
Lot size:
3.04 Acres

Property Features for 6200 Opportunity Ln

General Information

Size
8,327 SF
Lot size
3.04 Acres

Source: JLL | Miami Agent Alex Sharrin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Single-Tenant Cracker Barrel Investment Opportunity

This single-tenant property in Merrillville, IN, is leased to Cracker Barrel with 15 years remaining on a 20-year absolute NNN lease. The lease includes 1% annual rent increases. The property benefits from its location with strategic I-65 positioning and traffic volume exceeding 115,000 vehicles per day. It is located approximately 30 miles from Chicago, in a thriving market with significant construction activity valued at $193 million in 2023. The surrounding area is experiencing a data center boom with investments from major tech companies, exceeding $1 billion. The Cracker Barrel location generates annual sales of $4.6 million, with a rent-to-sales ratio of 4.25%. The investment features zero landlord obligations and is situated on an oversized parcel exceeding 3 acres. The average household income within a 1-mile radius is $95,000. The daytime population increases by 30% in the immediate area. The property size is 8327 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Cracker Barrel Old ... American Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Merrillville
County
Lake
State
Indiana
Longitude
-87.3185149
Latitude
41.5043038

FAQs

What type of property is this?
Conventional restaurant - NNN leased Cracker Barrel with 15 years remaining near Chicago.
Where is this conventional restaurant located?
The property is located at 6200 Opportunity Ln Merrillville, IN.
What are key features of this property?
This property features: - Absolute NNN lease with 15 years remaining and 1% annual rent increases.; - Strong $4.6M annual sales at this Cracker Barrel location with a healthy 4.25% rent-to-sales ratio.; - Strategic I-65 positioning with high traffic volume (115,000+ VPD) and proximity to Chicago (30 miles).
More about this property
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