Listed by RealtyLink Milwaukee
$2,650,000
6388 Mills Drive
Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,500
Cap Rate 5.75%
NOI $157,500
Tenancy Single
Brand/Tenant Denny's
Lease Type Net
Lease Term 20
Rent Bumps Yes
Lease Options 2 renewal options of 5 years each
Pro-Forma NOI $157,500
Year Built 2020
Buildings 1
Investment Type Net Lease
Tenant Credit Franchisee
Retail | 5.75% CAP | 4,500 SqFt
Marketing description
Contact broker for details.
Investment highlights
- The Shoppes at Whitestown Power Center opened in 2019
- The largest shopping center to open in Indiana in 10 years
- Whitestown has been the State of Indiana's fastest-growing community for the last 8 consecutive years and has been named Top 10 of Niche Magazine's lists of 'Best Places to Buy a Home' and 'Best Places to Raise a Family' in Indiana for the last three years consecutively
- Whitestown also ranked #7 'Best Place to Buy a Home' in the U.S. by the National Association of Realtors in 2015
- Anson is 1,700 acre P.U.D. where The Shoppes at Whitestown is located will have 2,680 homes, up to 5 hotels and other businesses upon full build-out
- Trade zone extends from inside I-465 north to West Lafayette; home of Purdue University
- Rapid encircling new home growth
- NEW Central Regional Little League Headquarters is under construction and projects ~40,000 family visitors to Whitestown annually from 13 Midwestern States starting in 2021
Listing Contacts
Listed by RealtyLink Milwaukee
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,500.00
$13,125.00/mo
Valuation Metrics
0
DSCR
5.94%
Cap Rate
5.94%
ROI
Map
Zoning
PUD PlannedPlanned Unit Development
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View all 1 uses
View all 1 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
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