8650 Michigan Road, Indianapolis, IN 46268
Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.
Property Features for 8650 Michigan Road
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The lease began on April 29, 2026, with an initial term exceeding 20 years. Contractual rental increases of 10% occur every 5 years during the lease term. The property celebrated its Grand Opening on July 20, 2026, and serves as a purpose-built quick-service coffee restaurant.
Key Highlights
- 7 Brew Coffee property with double drive‑thru configuration
- Ground lease interest with zero landlord responsibilities
- Lease commenced April 29, 2026, with a 20+ year term
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Trade Area within ½ mile
Demographics for 46268, IN
Market
Vacancy Rate% for Retail in Indianapolis, IN