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Fresh Thyme Farmers Market & Comcast

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LTV (Loan to Value) 0.00% Current NOI
Interest Rate 0.000% Cap Rate 0.000%
Fixed Term Approx. 14.75 Years Years Land Area
Amortization Years Lease Type
Loan Amount Property Type
Payment Property Lease
Building Size Remaining Terms

Location Description

Indianapolis is the capital and most populous city of the U.S. state of Indiana, and also the county seat of Marion County. As of the 2010 census, the city's population is 820,445. It is the 13th largest city in the United States and the 29th largest metropolitan area in the United States. Considered a gamma global city by the Globalization and World Cities Research Network, Indianapolis truly a global city with a diversified economy, contributing to the fields of education, health care, and finance. Tourism is also a vital part of the economy of Indianapolis, with the city playing host to numerous conventions and sporting events.

Highlights

Class A, Grocery-Anchored Retail Asset – New 15-year lease w/Fresh Thyme makes Property a major draw for the trade area

Brand New Leases
– Both Fresh Thyme & Comcast leases commenced on Jan 1, 2015

Strong Tenant Mix & Credit Diversity
– Combination of Fresh Thyme & Comcast provides investors with a grocery-anchored property with the security and credit enhancement of a major national retailer

Premier Location in Dominant Trade Area
– Property's location is unparalleled near The Fashion Mall at Keystone and Castleton Square Mall with access to hotels, major office complexes, residential developments and the premier retail and entertainment centers

Excellent Real Estate Fundamentals
– Ideal location, quality of construction, maintenance of the Property and strong tenant mix provides the Property with excellent residual value

Value-Add Potential
– Opportunity to lease the 3,100 SF vacant space, which will enhance investors' returns

Exceptional Demographics
– 170k+ population base & average HH income of $75k+ within 5 miles

NNN Loans Funding

Triple-Net Lease Financing arranged by NNNLenders. Offering Triple Net NNN Property Loans.