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720 Henderson Way
Pendleton, IN 46064

$2,445,846 USD

Restaurant For Sale  •  2,300 SF

Property Details

• Property Type Restaurant
• Total Building Size 2,300 SF
• Lot Size 0.28 AC
• Building Class B
• Year Built 2024
• Cap Rate 5.85 %
• Tenancy Single
• Zoning Commercial

0 Transit Score

16 Walk Score

Highlights

9.75 Years Remaining on NN Lease | Corporate Guaranty | No Kickout Clause or Early Termination | Rental Increases Throughout Initial Term and Options

10-Mile Population Grew by 47% Since 2000 | Pendleton's Population Has Grown by 24% Since 2020

Freestanding Starbucks (S&P: BBB+) with Drive-Through | Directly Off I-69 Exit (89,576 Combined VPD)

Property Flyers

Offering Memorandum - Starbucks, Pendleton, IN_compressed(P)

Cap Rate:

5.85 %