Investment Overview

Marcus & Millichap is proud to present for sale Swenson's Drive-In in Avon, Indiana. New Construction – Corporate Swenson’s Drive-In Ground Lease | Over 14 Years Remaining on Triple-Net Ground Lease | 10 Percent Rent Increases Every Five Years Throughout Primary and Option Terms Trophy Location: Outparcel to Newly Developed Costco – Adjacent to Signalized Intersection and Main Entrance to Costco | Oversized 1.32 Acre Parcel High Traffic Exposure: Located along US Highway 36/Rockville Road with Over 54,000 Vehicles per Day at Intersection Rapid-Growth, Affluent Suburban Location to Indianapolis | Three-Mile Population has Increased by 105 Percent Since 2000 | Three-Mile Average Household Income is $102,874 11 Miles to Downtown Indianapolis | Avon is Located in Hendricks County Which has Grown 66 Percent Since 2000 Surrounded by National Tenants: Costco, Walmart, Hobby Lobby, At Home, Starbucks, Cooper’s Hawk Winery, Zaxby’s, Bubba’s 33, Chicken Salad Chick, First Watch, Penn Station, Torchy’s Tacos, Bibibop, Ace Hardware (Under Development), Toyota, Hyundai, Volkswagen, KIA Indiana is #1 Best State to Start a Business (Forbes) | #9 State Business Tax Climate (Tax Foundation) | Indiana is Ranked #1 in US for Infrastructure (CNBC) | #2 in Cost of Doing Business (CNBC) First Swenson’s Drive-In Location in Indiana | Concept was Founded in 1934 in Akron, Ohio | Swenson’s has Grown to 20 Locations as of 2023