For Sale
$2,590,909

6335 Ameriplex Dr Portage, IN 46368

High-yield QSR investment opportunity.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Strong co-tenancy with McDonald's, Starbucks, Subway, Dairy Queen, Taco Bell, and other national brands; Walmart Supercenter within 4 miles.
  • High concentration of hotels within a 5-mile radius, including Holiday Inn Express, Hampton Inn, Country Inn & Suites, Best Western, and Days Inn.
  • $90,000 average household income within a 3-mile radius.
  • High-traffic location on Interstate 94 (66,000 VPD), 40 miles from Chicago.
  • Proximity to Burns Harbor steel mill (5 million tons annual production, 3,000+ employees), 2.3 miles away.
  • 9 miles from Indiana University Northwest (3,500 students).

Property Details for 6335 Ameriplex Dr

Property type
Retail properties
Square Feet
2,662 SF
Year Built
2024
Buildings
1
Stories
1
Units
1

Location Insight

City
Portage
County
Porter
State
Indiana
Latitude
41.6073086
Longitude
-87.1703561

FAQs

What type of property is this?
Retail property - High-yield QSR investment opportunity.
Where is the retail property located?
The property is located at 6335 Ameriplex Dr Portage, IN.
What is the asking price?
The asking price for this property is $2,590,909.
What are key features of this property?
This property features: Strong co-tenancy with McDonald's, Starbucks, Subway, Dairy Queen, Taco Bell, and other national brands; Walmart Supercenter within 4 miles.; High concentration of hotels within a 5-mile radius, including Holiday Inn Express, Hampton Inn, Country Inn & Suites, Best Western, and Days Inn.; $90,000 average household income within a 3-mile radius.
How can I contact the broker?
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6335 Ameriplex Dr
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