Current Use by Public Records
- Retail properties & Spaces
Property Details for 6335 Ameriplex Dr
- Year built
- 2024
- Property type
- Retail properties & Spaces
Description
This exceptional investment opportunity presents a brand-new, single-tenant Wendy's restaurant located at 6335 Ameriplex Dr, Portage, IN 46368. The property boasts 2,662 square feet of net rentable space, built in 2024, and is situated on a high-traffic site. The asking price is $2,590,909, representing a 5.50% cap rate with a current NOI of $142,500. The property benefits from a 20-year sale-leaseback agreement with a major franchise operator, featuring an absolute net lease structure and 1.50% annual rent increases. This ensures minimal landlord responsibilities and steady income growth. The location is strategically positioned in a high-demand area with a 3-mile radius average household income of $90,000, supported by nearby businesses including McDonald's, Starbucks, Walmart, and numerous hotels. Its proximity to Interstate 94 (66,000 vehicles per day), Burns Harbor, and Indiana University Northwest further enhances its visibility and access to a substantial customer base. This is a prime opportunity for investors seeking a reliable, long-term asset with significant upside potential. The property consists of one building, one story, and is in Porter County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portage
- County
- Porter
- State
- Indiana
- Longitude
- -87.1704
- Latitude
- 41.6073
