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%
Rent Bumps Yes
Lease Options renewal options of 5 years each
Pro-Forma NOI $157,500
Year Built 1993,2020
Retail | 5.75% CAP | 4,500 SqFt
Marketing description
The Shoppes at Whitestown
Investment highlights
- 20-year net lease with rent bumps every 5 years and 2 renewal options of 5 years each
- Strong operator founded in 1993 and based in suburban Chicago with 30 locations in 3 Midwest states
- High prole outparcel to the dominant 285,000 square foot power center in the regional trade area
- The Shoppes at Whitestown is anchored by Hobby Lobby, Burlington, Ashley, Ross, TJ Maxx and more
- Daily trac counts of 23,750 on Whitestown Pkwy, the market's primary commercial corridor, and 82,300 on I-65
- Average household income over $134,000 in a 1-mile radius and population over 75,000 in a 7-mile radius
- Whitestown is the fastest growing city and Boone is the fastest growing county in the state of Indiana
Listing Contacts
Listed by RealtyLink Milwaukee
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Zoning
PUD PlannedPlanned Unit Development
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View all 1 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
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