351 Monon BlvdCarmel, IN 46032
For Sale
$8,234,283
Prime Retail Investment: High-Growth Carmel Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 90
Highlights
- Strong, 8.5-year lease remaining with Sun King Brewery, extending to May 2033, including a 2022 renewal.
- Lease includes tenant reimbursements for CAM, real estate taxes, and insurance, with rent increases of 12.7% in 2028 and 7.8% in 2033.
- Sun King Brewery, a major Indiana brewer with significant market presence in Indiana, Illinois, and Florida, is the tenant.
- Located in Carmel, Indiana, consistently ranked among the nation's best places to live, offering a high-quality-of-life environment.
- Property situated on Carmel's Meridian Street Corridor, a key employment hub with over 100 corporate headquarters and a high concentration of office workers.
- Exceptional demographics: Dense population (11,661/1 mile, 68,879/3 miles, 170,770/5 miles) and high average household incomes ($108,782/1 mile, $168,646/3 miles, $161,943/5 miles).
Property Details for 351 Monon Blvd
- Property type
- Other retail properties, Restaurants
- Square Feet
- 14,225 SF
- Class
- A
- Year Built
- 2018
- Buildings
- 1
- Lot Size (sq. ft)
- 12,632 SF
- Units
- 1
Location Insight
- City
- Carmel
- County
- Hamilton
- State
- Indiana
- Latitude
- 39.9759032
- Longitude
- -86.129187
351 Monon Blvd, Carmel, Indiana
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