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Dairy Queen Absolute NNN Property
For Sale
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824 N Broadway, Peru, IN 46970

Branded restaurant tenancy with percentage-rent provisions and access along the primary route to Hwy 24.

Property SizeContact for details
Days on Market145

Property Features for 824 N Broadway

General Information

Standard status Active
Property subtype Retail

Additional Details

Opportunity Zone Yes
Highway Access Yes
Listing Agency: Trinity Real Estate Investment Services
Listed By: Eric Norregaard · License #TX 713564
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 11:45PM

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 Trinity Real Estate Investment Services

Investment Insights

Based on property information with market context.

This Absolute NNN property is leased to Dairy Queen at 824 N Broadway in Peru, Indiana. The lease includes percentage rent, and the tenant has reported sales-volume growth over several consecutive years.

The property sits within an Opportunity Zone and is positioned along Peru’s primary access corridor to Hwy 24. Several local schools are located nearby, while Indianapolis is approximately 90 miles south. The address provides a clear setting for evaluating the existing branded restaurant tenancy and its lease structure.

Key Highlights

  • Absolute NNN lease with Dairy Queen as tenant
  • Percentage‑rent provision included in the lease
  • Tenant sales volume has increased for several consecutive years

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Hair Salon HVAC Service Electrical Service Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
5,812 visits/mo 0.2 miles

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Branded restaurant tenancy with percentage-rent provisions and access along the primary route to Hwy 24.
Where is this nnn property located?
The property is located at 824 N Broadway Peru, IN.
What are key features of this property?
This property features: Absolute NNN lease with Dairy Queen as tenant; Percentage‑rent provision included in the lease; Tenant sales volume has increased for several consecutive years
More about this property
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