SRS National Net Lease is pleased to offer the opportunity to purchase the leased fee interest (land ownership) in an absolute NNN, drive-thru equipped, newly built, Chick-fil-A investment property located in Michigan City, IN (Chicago MSA). The tenant, Chick-fil-A, Inc., recently signed a brand new 15-year lease with 12 (5-year) option periods left to extend, demonstrating their long-term commitment to the site. The lease features 7.50% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1967, Chick-fil-A is among the most popular quick service chains in the United States with over 3,000 operating locations.

Chick-fil-A is strategically located along Franklin Street with clear visibility and access to an average of 23,600 vehicles passing by daily. The property benefits from nearby access onto Interstate 94 (55,000 VPD), making it a centralized location with easy commutes. The property is ideally situated within a dense retail trade area and is near Lake Park Plaza (114K+ SF), Dunes Plaza (293K+ SF), and Marquette Place (529K+ SF), three major shopping centers. The surrounding tenants include Walmart Supercenter, Lowe’s, ALDI, Meijer, Menards, Kohl’s, TJ Maxx, and others. The strong trade area drives a loyal, local consumer base to the area, promoting crossover exposure and supporting the local economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including Village West (108 units), Arbor Glen (253 units), Normandy Village (572 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 42,700 residents and 25,500 daytime employees, with a healthy average household income of $80,390.

Michigan City, IN - Chick-fil-A

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a two-tenant, medical center investment property located in Gary, IN (Chicago MSA). The property is divided into two suites with DaVita Dialysis currently occupying approximately 11,203 SF of the 13,125 SF leasable area, leaving approximately 1,922 SF vacant. The tenant, TRC – Indiana, LLC, recently extended their lease now has over 3 years year remaining in their lease term with 3 (5-years) option periods left to extend. The lease features 2% rental increases at the beginning of each option, growing growing NOI and hedging against inflation. Founded in 1994, DaVita Dialysis is one of the largest providers of kidney care in the U.S. and has been a leader in clinical quality and innovation for more than 20 years.

The subject property is strategically located at the hard corner intersection of Broadway Street and 48th Avenue, averaging more than 28,200 vehicles passing by daily. The site benefits from direct on/off ramp access to Interstate 65 (112,200 VPD) and Interstate 94 (209,600 VPD). Interstate 65 is a major cross-country route, connecting Lake Michigan to the Gulf of Mexico, while Interstate 94 is an east-west highway that runs from Port Huron, MI to Billings, MT. The immediate retail corridor is home to a variety of national/credit tenants including Lowe’s Home Improvement, Costco Wholesale, The Home Depot, Dick’s Sporting Goods, Petco, Aldi, Meijer, Target, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure for the site. Additionally, the site is near several hospitals including Methodist Hospital, a nationally recognized and awarded medical facility with 491 beds.  Furthermore, the property is within walking distance to multiple apartment complexes including Georgia Street (30 units), Meadowlane (64 units), Greenbrier (70 units), and more, providing a direct residential consumer base from which to draw. The 5-mile trade area is supported by 136,623 residents and 51,121 daytime employees with an average household income of $68,326.

Gary, IN - DaVita Multi-Tenant Medical Office

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a two-tenant, NNN leased, newly built retail strip located in Logansport, IN. The tenants, T-Mobile (corporate) and McAlister’s Deli (franchisee), recently signed brand new 10-year leases with 2 (5-year) option periods to extend, demonstrating their commitment to the site. Both tenants feature scheduled rental increases, growing NOI and hedging against inflation. In addition, both tenants operate under NNN lease structures, limiting expense leakage for a future investor (see rent roll). Furthermore, McAlister’s Deli is equipped with an end-cap drive-thru lane, which provides ease and convenience for customers.

The two-tenant strip is strategically located along Market Street with clear visibility and access to an average of 13,200 vehicles passing by daily. Market Street serves as the main retail corridor in Logansport and connects to numerous additional commuter routes. The subject is ideally situated within a dense trade area and is near Eastgate Plaza (59K+ SF), Cass Plaza (209K+ SF), and other shopping centers. In addition, the property lies as an outparcel to a 97K+ SF Home Depot, significantly increasing the location’s attraction. The additional national/credit tenants include Walmart Supercenter, Harbor Freight Tools, Rural King, Martin’s Supermarket, ALDI, and others. The strong tenant presence drives a steady stream of loyal, local consumers to the trade area and promotes crossover store exposure. Moreover, the asset is near numerous single-family communities and multi-family complexes including River Bend Apartments (102 units), Pinecrest Manor Apartments (102 units), Cass Plaza Apartments (82 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by 24,900 residents and 15,000 daytime employees, with a healthy average household income of $72,436.

Logansport, IN - T-Mobile & McAlister's

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, DaVita investment property located in Tell City, IN. The tenant, Davita, Inc., has had a long operating history at the site, and has 7 years remaining on their current lease with 2 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features rare 2% yearly rental increases during the lease term and option periods, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities limited to maintaining roof, structure, and parking lot making it an ideal, low-management investment opportunity for a passive investor.

Davita, Inc is a creditworthy, publicly traded company (S&P: BB) with over 2,800 locations and 67,000 employees worldwide. The subject location is on the hard corner intersection of Steuben St and Main St (16,200 VPD). The site is equipped with a large pylon sign directly on the corner, providing excellent visibility to traffic and the surrounding area. Nearby national/credit tenants located in Tell City include Walmart, CVS, AT&T, Tractor Supply Co, O’Reilly Auto Parts, McDonalds, and more. DaVita is centrally located between the cities of Louisville, Evansville, Owensboro, and many other population centers, increasing their potential consumer base. The subject property is located less than 3 miles from Perry County Memorial Hospital, the largest medical facility in Perry County, IN. The 5-mile trade area is supported by over 13,800 residents and 8,100 employees, with an average household income of $72,800.

Tell City IN - DaVita Dialysis

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment grade (S&P: BBB), CVS investment property located in Greenfield, Indiana. The tenant has approximately 13 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease is NNN with minimal landlord responsibilities making it an ideal investment opportunity for a passive investor. The property is being with offered with a below-market rate assumable loan (see pg. 17 for details). CVS Pharmacy is America’s leading retail pharmacy with nearly 10,000 locations across 49 states, District of Columbia, and Puerto Rico.

CVS is strategically located near the signalized, hard-corner intersection of N. State Street and W. McKenzie Road, with an average of 36,600 vehicles passing by 
daily. The property benefits from excellent visibility and access via significant street frontage, multiple points of ingress/egress, and a large monument sign. This CVS ranks among the top 6% of most visited CVS stores in Indiana and the top 8% nationally (per Placer.ai), indicating strong consumer demand and exemplary tenant performance. The investment is adjacent to Hancock Regional Hospital (105 beds), providing a direct consumer base to draw from. Situated in a dense retail corridor, nearby national/credit tenants include Walmart Supercenter (3.1M+ annual visitors – per Placer.ai), Kroger, The Home Depot, Kohl’s, Big Lots, ALDI, Planet Fitness, and more. Strong tenant synergy promotes crossover shopping to the subject property. The CVS benefits from limited competition, with the next nearest location being over 8.6 miles away. The 5-mile trade area is supported by a dense population of over 32,800 residents and 13,800 daytime employees, with an affluent average household income of $90,006.

Greenfield, WI - CVS

•	Tenant has over 4 years of lease term remaining
•	Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
•	No landlord responsibilities
•	Ideal, management-free investment for a passive investor

•	The asset is ideally positioned off of South Baldwin Avenue, an arterial thoroughfare that serves over 27,000 vehicles per day
•	The site also benefits from nearby access to State Highway 18 (8,800 VPD), making this an ideal, centralized location with easy commutes
•	Located in a dense retail corridor, the subject property is within close proximity to multiple national/credit tenants including Walmart Supercenter, Lowe’s, Aldi, Big Lots, CVS, Walgreens, Dollar Tree, Aaron’s, and more
•	Strong tenant synergy increases consumer draw to the immediate subject trade area and promotes crossover tenant exposure to the site
•	Excellent visibility and access via significant street frontage along South Baldwin Avenue (27,100 VPD) and multiple points of ingress and egress

Marion, IN - Hawk Motors

Chipotle is strategically located at the signalized, hard corner intersection of Veterans Parkway and Hamburg Pike, averaging a combined 27,500 vehicles passing by daily. The asset benefits from nearby access onto Interstate 65 (109,000 VPD) and Interstate 265 (68,000 VPD), making this an ideal and centralized location with easy commutes. Chipotle is ideally situated as an outparcel to Jeffersonville Town Center, a major Community Center anchored by Hobby Lobby, Burlington, Petco, and TJ Maxx. The additional nearby shopping centers include Waterford Park North (217K+ SF), Waterford Park South (124K+ SF), River Falls Mall (957K+ SF), and others. The surrounding national/credit tenants include Menards, Walmart Supercenter, Target, Lowe’s, PetSmart, Meijer, and others. The strong tenant presence drives a loyal, local customer base to the trade area and supports the local economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including Colonial Village (100 units), Armstrong Farm (168 units), Yellowwood Terrace (202 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 130,700 residents and 83,800 daytime employees, with a healthy average household income of $78,754.

Jeffersonville, IN - Chipotle

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, Academy Sports + Outdoors investment property located in Jeffersonville, IN (Louisville MSA). The tenant, Academy, LTD, has over 13 years of firm term remaining with an additional 3 (5-year) option periods left to extend. The lease features $0.50 PSF rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (NASDAQ: ASO) and is NNN leased, making this an ideal, low-management investment opportunity for a passive investor. Founded in 1938, Academy Sports + Outdoors is among the largest American sporting-goods store chains with 280+ operating stores as of 2023.

Academy Sports is strategically located near the signalized, hard corner intersection of Hamburg Pike and Veterans Parkway, averaging a combined 27,500 vehicles passing by daily. The asset benefits from nearby access onto Interstate 65 (109,000 VPD) and Interstate 265 (65,200 VPD), making this an ideal and centralized location with easy commutes. Academy Sports is ideally situated adjacent to Jeffersonville Town Center, a major Community Center anchored by Hobby Lobby, Burlington, Petco, and TJ Maxx. The additional nearby shopping centers include Waterford Park North (217K+ SF), Waterford Park South (124K+ SF), River Falls Mall (957K+ SF), and others. The surrounding national/credit tenants include Menards, Walmart Supercenter, Target, Lowe’s, PetSmart, Meijer, and others. The strong tenant presence drives a loyal, local customer base to the trade area and supports the local economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including Colonial Village (100 units), Armstrong Farm (168 units), Yellowwood Terrace (202 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 135,900 residents and 110,100 daytime employees, with a healthy average household income of $77,468.

Jeffersonville, IN - Academy Sports

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a freestanding, corporate guaranteed Walgreens investment property located in Knox, Indiana. The tenant, Walgreen Co., has 6 years remaining on its lease with 10 (5-year) options to extend. The lease 
is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor. Walgreens serves a crucial role as an independent partner of choice offering healthcare services that improve care, lower costs, and help patients. Operating nearly 9,000 retail locations across the U.S. and Puerto Rico, Walgreens is proud to serve nearly 9 million customers and patients daily.

The asset has excellent location as an outparcel to the Knox Mall, the primary retail destination in the city of Knox. The shopping center encompasses nearly 100K square feet of retail space featuring tenants such as Tractor Supply Co., Family Dollar, McDonald’s, Pizza Hut, Knox Super Wash, and Five Star Marketplace. Walgreens receives a significant amount of crossover exposure and consumer traffic from the surrounding retail center, which sees 1.9M+ annual visits (per Placer.ai). The site 
is strategically positioned along S. Heaton Street/U.S. Highway 35 (13,300 VPD), a north/south traveling highway connecting the property to Michigan City and the southern base of Lake Michigan. The subject property benefits from limited competition, serving as the lone Walgreens location within a 15-mile radius. In addition, its proximity to the adjacent Knox Community High School, and the Northwest Health Starke Hospital, provide direct access to the surrounding consumer base. The 5-mile trade area is supported by a population of over 9,700 residents and 3,600 employees with an average household income of $73,363.

Knox, IN - Walgreens

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, drive-thru equipped, Dunkin’ investment property located in Beech Grove, IN (Indianapolis MSA). The tenant recently signed a brand new 15-year lease with 5 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 1.50% annual rental increases throughout the initial term and options, growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor. Founded in 1950, Dunkin’ is among America’s favorite coffee and baked goods chain with over 13,700 operating stores.

Dunkin’ is strategically located along Thompson Road with clear visibility and access to an average of 17,700 vehicles passing by daily. The property also benefits from nearby access onto Interstate 65 (127,700 VPD) and Interstate 465 (124,400 VPD), a major beltway connecting the Indianapolis MSA. Dunkin’ is ideally situated within a dense retail trade area and lies as an outparcel to East Thompson Shopping Center (134K+ SF). The surrounding national/credit tenants include Kroger, Walmart Supercenter, Lowe’s, The Juicy Seafood Restaurant, and others. The strong tenant presence drives a steady stream of loyal, local consumers to the area, promoting crossover exposure and contributing to the local economy. Furthermore, the asset is near numerous single-family communities and multi-family complexes including Farhill Lake (106 units), Emerson Village (352 units), Willow Glen South (592 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 198,200 residents and 81,400 daytime employees, with a healthy average household income of $89,468.

Beech Grove, IN - Dunkin'

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in a NNN, newly built, drive-thru equipped, 7 Brew Coffee investment property located in Jeffersonville, IN (Louisville MSA). The tenant, Brew Team KY, LLC, recently signed a brand new 10-year lease with 3 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is personally guaranteed for the first 5 years if tenant is in good standing, and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 2017, 7 Brew has quickly become among the leading coffee chains with 186 operating locations.

7 Brew is strategically located at the signalized, hard corner intersection of Veterans Parkway and Hamburg Pike, averaging a combined 27,500 vehicles passing by daily. The asset benefits from nearby access onto Interstate 65 (109,000 VPD) and Interstate 265 (68,000 VPD), making this an ideal and centralized location with easy commutes. 7 Brew is ideally situated as an outparcel to Jeffersonville Town Center, a major Community Center anchored by Hobby Lobby, Burlington, Petco, and TJ Maxx. The additional nearby shopping centers include Waterford Park North (217K+ SF), Waterford Park South (124K+ SF), River Falls Mall (957K+ SF), and others. The surrounding national/credit tenants include Menards, Walmart Supercenter, Target, Lowe’s, PetSmart, Meijer, and others. The strong tenant presence drives a loyal, local customer base to the trade area and supports the local economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including Colonial Village (100 units), Armstrong Farm (168 units), Yellowwood Terrace (202 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 130,800 residents and 83,800 daytime employees, with a healthy average household income of $78,754.

Jeffersonville, IN - 7 Brew

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, investment grade, freestanding, Kroger investment property located in Bloomington, IN. Kroger has an extensive historical occupancy of 17+ years with an additional 13 years remaining on lease and 5 (5-Year) option periods to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: BBB) and is absolute NNN, making it an ideal, management-free investment opportunity for a passive investor.

Kroger is strategically located along State Highway 45 with clear visibility and access to an average of 36,500 vehicles passing by daily. The asset also benefits from nearby access to Interstate 69 (39,800 VPD), making it an ideal and centralized location for employees and customers. Kroger is ideally situated within a dense retail trade area and is within proximity to Whitehall Crossing (501K+ SF), Eastland Plaza (124K+ SF), College Mall (949K+ SF), and other major shopping centers. In addition, the property is near numerous single-family communities and multi-family complexes. The 5-mile trade area is supported by over 109,000 residents and 66,800 daytime employees with a healthy average household income of $77,568.

Commercial Investment Sale Properties in Indiana