7 Brew Absolute NNN
133 S Memorial Dr, New Castle, IN 47362
For Sale
New
Contact for pricing
A brand-new 20-year ground lease includes annual rent increases during its primary term.
Property SizeContact for details
Days on Market4
Property Features for 133 S Memorial Dr
General Information
Standard status
Property subtype
Additional Details
Tenant in Place
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Gary Chou · License IN #01911222
(714) 928-8016
Source:
Crexi
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 5:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 7 Brew property at 133 S Memorial Dr in New Castle, Indiana, is a newly built offering completed in 2026. It is structured as an absolute NNN ground lease with a 20-year primary term and 1% annual rent increases during that term.
The tenant is 7Venture, Inc., a 7 Brew franchisee with more than 85 units. The tenant is also a corporate affiliate of K-MAC Enterprises, a Taco Bell franchisee with more than 400 units.
The tenant is 7Venture, Inc., a 7 Brew franchisee with more than 85 units. The tenant is also a corporate affiliate of K-MAC Enterprises, a Taco Bell franchisee with more than 400 units.
Key Highlights
- Absolute NNN ground lease with a 20‑year primary term
- 1% annual rent increases during the primary term
- Built in 2026 at 133 S Memorial Dr, New Castle, IN 47362
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
267k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 24%
Groceries 19%
Home Improvements & Furnishings 12%
Kroger
Groceries
37,233 visits/mo
0.1 miles
Rural King
Home Improvements & Furnishings
27,073 visits/mo
0.2 miles
Culver's
Dining
19,269 visits/mo
0.4 miles
Wendy's
Dining
18,255 visits/mo
0.3 miles
Dollar Tree
Shops & Services
16,200 visits/mo
0.2 miles
Demographics for 47362, IN
30,184
Population
12,523
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
89%
High-School Grad
147.7 sq mi
ZIP Area
204
Density / Sq Mi
$56,564
Median Household Income
$38,568
Median Earnings
$792
Median Rent
$131,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - A brand-new 20-year ground lease includes annual rent increases during its primary term.
Where is this nnn property located?
The property is located at 133 S Memorial Dr New Castle, IN.
What is the asking price?
The asking price for this property is $2,422,000.
What are key features of this property?
This property features: Absolute NNN ground lease with a 20‑year primary term; 1% annual rent increases during the primary term; Built in 2026 at 133 S Memorial Dr, New Castle, IN 47362
