13890 Cabela PkwyNoblesville, IN 46060

This exceptional investment opportunity presents a fee-simple, 14,557-square-foot retail property in Noblesville, Indiana. The property is fully occupied by a Duluth Trading Company under a 15-year, Net-Net (NN) lease, with a corporate guarantee from Duluth Holdings Inc. The lease commenced March 1, 2017, and expires February 29, 2032, leaving approximately 7.3 years remaining. The current annual net operating income (NOI) is $400,317, representing a 7.75% capitalization rate based on the asking price of $5,165,381. The property boasts a price per square foot of $354.84. Situated on a 2.73-acre lot at 13890 Cabela Pkwy, Noblesville, IN 46060, this location benefits from its proximity to Hamilton Town Center, a major shopping destination with over 100 national tenants. The lease includes attractive rental increases of 10% every five years, providing significant long-term growth potential. Built in 2017, this property offers a secure, high-yield investment with a strong, nationally recognized tenant and built-in rent escalations. The property is a single-tenant building, offering simplicity and ease of management.