6200 Opportunity Ln Merrillville, IN 46410

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.