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7 Brew Double Drive-Thru NNN Property
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8650 Michigan Road, Indianapolis, IN 46268

Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.

Property Size760 SF
Price / SF$2,850
Days on Market8

Property Features for 8650 Michigan Road

General Information

Standard status Active
Size 760 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $130,000

Additional Details

Drive-Thru Yes

Building Details

Year Built 2026
Units 1
Tenancy Single
Listing Agency: Highland Capital
Listed By: Wyatt Woeltje · License #TN 341355
Source: Crexi
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 10 at 7:10AM

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 Highland Capital

Investment Insights

Based on property information with market context.

This 2026-built NNN property at 8650 Michigan Road in Indianapolis is occupied by 7 Brew Coffee and features a double drive-thru configuration. The asset is structured as a ground lease interest with a long-term net lease and no landlord responsibilities.

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

Property Analytics

Current Use

Coffee shops

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Daycare Center Pet Store

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

Location Intelligence

Trade Area within ½ mile

402
Businesses Nearby

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.
Where is this nnn property located?
The property is located at 8650 Michigan Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,166,667.
What are key features of this property?
This property features: 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
More about this property
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