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1589 Waterleaf Dr
Westfield, IN 46074 Westfield

$3,400,410 USD

Freestanding For Sale  •  2,480 SF

Property Details

• Property Type Freestanding
• Total Building Size 2,480 SF
• Lot Size 0.88 AC
• Year Built 2025
• Cap Rate 5.85 %
• Tenancy Single

0 Transit Score

7 Walk Score

Highlights

12 Year Starbucks Featuring 10% Rental Increases at Year 5 and at Each Option. Brand New 2025 High Quality Construction w/ Drive-Thru.

Hard Corner Location: Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 11k Vehicles.

Starbucks has a S&P Investment Grade Credit Rating of “BBB+” and is Ranked #116 on the Fortune 500 List with an Annual Revenue of more than $36.17B.

Westfield is a Thriving Suburban Community Located Just North of Indianapolis. It has Experienced Significant Growth in Recent Years.

Densely Populated and Affluent Indianapolis Suburb: Features an Average Household Income of more than $182k (more than Double the National Average).

Within Marketplace at Harmony - Master-Planned Community spanning 275 Acres, featuring 915+ Single-Family Homes, 250 Multi-Family Homes, Retail etc.

Cap Rate:

5.85 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks	2,480 SF	9/30/2037

Public Transportation

Airport	Drive	Walk	Distance
Indianapolis International	54 min	-	30.3 mi