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935 Richard Rd
Dyer, IN 46311

$1,760,000 USD

Freestanding For Sale  •  9,506 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 510 SF
  • Lot Size 0.75 AC
  • Building Class C
  • Year Built 2024
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning R33
0 Transit Score
67 Walk Score

Highlights

15 Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Favorable Low Rent.
Brand New High Quality Construction w/ Dual Drive-Thru.
Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access & Excellent Visibility Along U.S. Route 30.
Densely Populated and Affluent Northern Indiana Suburb: Features an Average Household Income of more than $111k within a 1-Mile Radius.
Down the Street from new West Lake Corridor Rail Line Dyer/Munster Station - $945M Project to Reduce Travel Time to Chicago to 45 Minutes.
Strategically Located near Major Highways, including U.S. Route 30 and I-394, providing Direct Access to Chicago and Surrounding Areas.
Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
7-Brew Coffee 510 SF 3/31/2040

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Public Transportation

Commuter RailDriveWalkDistance
Dyer Amtrak (Cardinal - Amtrak) 6 min - 2.4 mi
AirportDriveWalkDistance
Chicago Midway International 48 min - 31.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 79
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap