935 Richard Rd Dyer, IN 46311-1937
Property Lookup
Property profile & analytics
935 Richard Rd Dyer, IN 46311-1937
- Turn key restaurants
- 0.82 lot acres
Property ID
US31-3224423
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Chipotle Mexican Grill / Restaurant
Property Details for 935 Richard Rd
- Year built
- 2021
- Lot size
- 0.82 lot acres
- Property type
- Turn key restaurants
- APN
- 45-11-18-103-008.000-034
- APU
- 451118103008000034
Description
This exceptional investment opportunity presents a brand-new, 510-square-foot 7-Brew Coffee location in Dyer, Indiana, boasting a 15.4-year absolute NNN ground lease with a 6.25% cap rate and $110,000 annual NOI. The property, built in 2025, features a dual drive-thru and is situated on a 0.75-acre lot. The lease includes a favorable 10% rent increase every five years, ensuring strong future returns. Strategically located along a major retail corridor with over 35,000 vehicles passing daily, this property benefits from high visibility and easy access. The surrounding area is densely populated and affluent, with an average household income exceeding $111,000 within a one-mile radius and over 131,000 residents within five miles. Its proximity to Dyer Town Center, a Jewel-Osco anchored retail center, and numerous national retailers like Walmart, ALDI, Walgreens, and Menards, further enhances its appeal. The location's adjacency to Franciscan Health Dyer hospital and the new West Lake Corridor Rail Line Dyer/Munster station adds to its strategic advantage. Major highways, including U.S. Route 30 and I-394, provide convenient access to Chicago and surrounding areas. This is a rare opportunity to acquire a high-performing, established brand in a prime location with significant long-term growth potential. The asking price is $1,760,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Dyer
- County
- Lake
- State
- Indiana
- Longitude
- -87.5058
- Latitude
- 41.492
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$41,486
$779,000
$852,300
$1,631,300
-
$779,000
$852,300
$1,631,300
