2401 E Center St Warsaw, IN 46580
Long-term NNN lease with zero landlord responsibilities.
Type:Restaurant
Property size:
3,200 SF- Added:
- Apr 15, 2026
- Days on Market:
- 8
- Last Refresh:
- Apr 15 at 8:01 pm
Property Features for 2401 E Center St
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Restaurant
Listing agent Jordan Klink License #IN: RB14043752 (317) 218-5316
Listing office Indianapolis Office (317) 218-5316
Listing date Apr 15, 2026
Source Marcusmillichap
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Overview
NNN Leased Restaurant Investment
This offering presents the opportunity to acquire a quick-service restaurant with an absolute NNN lease in Warsaw, Indiana. The property benefits from a long-term lease with approximately 18 years of remaining term, ensuring a passive ownership structure with no 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 includes 2% annual rental increases throughout the base term and each of the four, five-year option periods. The lease is backed by 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 approximately 23,000 vehicles per day, and is near IN US-30, Warsaw’s primary retail corridor that experiences approximately 30,000 vehicles per day. The site also sits next to a signalized intersection, enhancing accessibility and consumer traffic. The 3,200-square-foot restaurant is located in a prime retail corridor, offering strong visibility and proximity to a dense concentration of national retailers. The investment delivers an attractive yield with built-in rent growth, projecting a cap rate exceeding 12% by year 20.
Location Intelligence
Current Use by Public Records
Drive through restaurants
Location Insight
- Map
- Local Demand
- City
- Warsaw
- County
- Kosciusko
- State
- Indiana
- Longitude
- -85.824587
- Latitude
- 41.2381921
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FAQs
What type of property is this?
Drive through restaurant - Long-term NNN lease with zero landlord responsibilities.
Where is this drive through restaurant located?
The property is located at 2401 E Center St Warsaw, IN.
What are key features of this property?
This property features: Absolute NNN lease with 18 years remaining, offering passive income.; Corporate and personal guaranty providing financial security.; **2% annual rental increases** throughout the term.
