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31433322
31433321

1311 Third Ave, Jasper, IN 47546 For Sale

BR
IN 25000924
Cushman & Wakefield - Indianapolis, Indiana
RW
IN RB14043265
Cushman & Wakefield - Indianapolis, Indiana
Listed by Cushman & Wakefield - Indianapolis, Indiana
$899,000
104 days on market
Updated 83 days ago

Ziggi's - Jasper, IN

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 866
Cap Rate 6.12%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Remaining Term 10
Lease Options (3) 5-Year
Year Built 2025
Acreage 0.480
Investment Type Net Lease
Ground Lease No

Retail | 6.12% CAP | 866 SqFt

Marketing description

Cushman & Wakefield is pleased to present for sale a single-tenant net leased Ziggi’s coffee, which is newly constructed in 2025 on a high-profile corner in Jasper, Indiana. This investment offers secure, passive income with long-term stability and minimal landlord responsibilities. The property is strategically located in the northeast corner of 3rd Avenue and S. Meridian Road, which is the primary arterial connecting Jasper’s large employment centers to its residential base, carrying over 14,000 VPD. The property is on the going-to-work side of the road, benefitting from daily commuter traffic.

Jasper is known as one of the wealthiest, strongest markets in south central Indiana, which creates a consumer draw of over 37,000 people within a 10-mile trade area radius. Jasper anchors Dubois County, boasting an unemployment rate of 3.1%, which ranks among the three lowest of Indiana’s 92 counties. Major regional employers, including Kimball Electronics and Jasper Engines, collectively employ thousands of workers, supporting sustained retail demand and commuter traffic.

Investment highlights

NNN lease with ±10 years remaining plus (3) five-year options

New construction in 2025, corner with traffic signal, large signage, dual drive-thru

• Strategically located on a go-to-work corridor

• Site is located in close proximity to Jasper Manor, a major shopping destination for surronding regions

• An attractive sub-$1 million price

• Ziggi’s is one of the fastest-growing drive thru coffee brands

Listing Contacts

BR
IN 25000924
Cushman & Wakefield - Indianapolis, Indiana
RW
IN RB14043265
Cushman & Wakefield - Indianapolis, Indiana
Listed by Cushman & Wakefield - Indianapolis, Indiana

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Additional Information

Name
Brooke Ratliff
License
25000924
Brokerage
Cushman & Wakefield
Brokerage Phone
3176251559
Title
Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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