Technical
Financial
Distress signals
Property profile

6883 Us Highway 36 Avon, IN 46123

OFF-MARKET
Retail properties & Spaces
Property ID
US31-3567954
710 SF 0.91 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 710 square foot, single-tenant, absolute NNN leased property housing a 7 Brew Coffee shop. Located at 6883 E US Hwy 36 in Avon, Indiana, this 2024-built QSR boasts a strong 6.50% cap rate and a compelling asking price of $2,461,000 ($3,466.20/sq ft). The property sits on a 0.91-acre lot and benefits from a new 15-year lease with a national franchisee, 7 Venture, who currently operates 37 stores across multiple states and plans significant expansion. The lease includes 10% rent increases every five years throughout the initial term and option periods, minimizing landlord responsibilities. This prime location enjoys high visibility, situated across from a Kroger and McDonald's, adjacent to a new Taco Bell and Bank of America. High traffic counts of approximately 32,000 vehicles daily on US Hwy 36 and 14,000 on SR 267, coupled with strong demographics (average household incomes exceeding $116,000 within a five-mile radius and populations exceeding 116,000 within the same radius), ensure a robust and stable investment. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a thriving market. The property's strong tenant, favorable lease terms, and excellent location make it an ideal addition to any investment portfolio.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 710 SF
Lot 0.91 ac (39,640 SF)
UPID US31-3567954

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6883 Us Highway 36 Avon, IN 46123
Avon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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