Freestanding NNN Restaurant
For Sale
Contact for pricing
Pending
715 N Main St, Crown Point, IN 46307
Freestanding Pizza Hut with an absolute NNN lease and long-term extension options.
Property SizeContact for details
Days on Market141
Property Features for 715 N Main St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 6:49AM
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
Investment Insights
Based on property information with market context.
This fee-simple property includes the land and building occupied by a freestanding Pizza Hut. The absolute NNN lease places no landlord responsibilities on the owner and runs for 15 years, with three 5-year extension options. Contractual rent increases of 10% occur every 5 years during the initial term and at each option commencement. The tenant is EYM Pizza of Indiana, LLC, a 15-unit operator.
The property sits near the signalized intersection of North Main Street and East Summit Street, where combined traffic is reported at 28,200 vehicles daily. North Main Street serves as a retail corridor with Starbucks, Taco Bell, and a grocery-anchored shopping center within 1 mile. The site is also 1.5 miles from the 95-acre Crown Point Sports Complex, which includes 120,000 square feet of facilities. The surrounding 5-mile trade area includes more than 94,200 residents and 49,300 employees, with average household income of $104,626.
The property sits near the signalized intersection of North Main Street and East Summit Street, where combined traffic is reported at 28,200 vehicles daily. North Main Street serves as a retail corridor with Starbucks, Taco Bell, and a grocery-anchored shopping center within 1 mile. The site is also 1.5 miles from the 95-acre Crown Point Sports Complex, which includes 120,000 square feet of facilities. The surrounding 5-mile trade area includes more than 94,200 residents and 49,300 employees, with average household income of $104,626.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 15‑year lease with 3 (5‑year) extension options
- 10% rental increases every 5 years during the initial term and at each option period
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
Explore this area
Business Placement
Demographics for 46307, IN
69,248
Population
26,081
Households
2.7
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
87.2 sq mi
ZIP Area
794
Density / Sq Mi
$102,118
Median Household Income
$50,612
Median Earnings
$1,308
Median Rent
$293,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding Pizza Hut with an absolute NNN lease and long-term extension options.
Where is this nnn property located?
The property is located at 715 N Main St Crown Point, IN.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 15‑year lease with 3 (5‑year) extension options; 10% rental increases every 5 years during the initial term and at each option period
