7 Brew Double Drive-Thru NNN
8650 Michigan Road, Indianapolis, IN 46268
For Sale
Contact for pricing
Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.
Property Size760 SF
Price / SF$2,850
Days on Market99
Property Features for 8650 Michigan Road
General Information
Standard status
Size
Class
Property subtype
Occupancy
Lease Type
Investment Type
Net Operating Income
Site & Location
Neighborhood
Drive-Thru
Building Details
Year Built
Units
Tenancy
Listing Agency:
Highland Capital
Listed By:
Wyatt Woeltje · License TN #341355
Source:
Crexi
Added: Aug 4
Changed: Oct 25
Last Checked: Nov 8 at 6:02AM
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
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.
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.
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
Location Intelligence
Trade Area within ½ mile
1,407
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Comfort Inn & Suites North at the Pyramids
Hotels & Casinos
1,386 visits/mo
0.5 miles
Extended Stay America - Indianapolis - Northwest - College Parks
Hotels & Casinos
586 visits/mo
0.4 miles
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
Properties on Market for NNN properties in Indianapolis
Vacancy Rate% for Retail in Indianapolis, IN
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
