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Property profile & analytics
OFF-MARKET
Turn key restaurants

935 Richard Rd Dyer, IN 46311-1937

0.82 ac lot Built 2021
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US31-3224423
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2021
Lot 0.82 ac (35,719 SF)
APN 45-11-18-103-008.000-034
UPID US31-3224423
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Donald R Skjerven · 4 yrs held
Donald R Skjerven
since 2022
3 recorded transactions
2024
Price N/A
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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