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Sun King Brewery Heart of Midtown Carmel 351 Monon Blvd

14,225 SF 4-Star Retail Building Carmel, IN 46032 £6,442,915 (£453/SF) 6% Net Initial Yield

Investment Highlights

  • Sun King has approximately 8.5 years remaining. They exercised an early five-year renewal in 2022 extending the lease through May 2033. The tenant rei
  • Carmel, the most affluent and densely populated suburb of Indianapolis, has been awarded recent multiple accolades including #2 Best Place to Live in
  • Dense surrounding populations of 11,661 within one mile, 68,879 within three miles, and 170,770 within five miles
  • Sun King commenced their initial production in 2009. Today Sun King offers products available on tap and in cans throughout Indiana, Illinois, and Fl
  • Carmel’s Meridian Street Corridor is home to the second largest concentration of office workers in the state of Indiana. It is home to more than 100 c
  • Average household incomes are $108,782 within one mile, $168,646 within three miles, and $161,943 within five miles

Attachments

Sun King OM - Final

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,225 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
£6,442,915
Price Per SF
£453
Net Initial Yield
6%
NOI
£386,575
Tenancy
Single
Number of Floors
2
Building FAR
0.54
Lot Size
0.61 AC

Amenities

  • Air Conditioning
1 of 1
351 Monon Blvd, Carmel, IN - aerial map view
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Le Peep
The Old Spaghetti Factory
Citizens Bank
Anytime Fitness
Vitality Bowls
Wahlburgers
Bank of America
Starbucks
Kroger
Sunbelt Rentals

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-09-25-165-009.202-018
  • 29-09-25-165-009.002-018
 Improvements Assessment £15,805,334
Land Assessment £845,046 Total Assessment £16,650,380

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-09-25-165-009.202-018
  • 29-09-25-165-009.002-018
Land Assessment
£845,046
Improvements Assessment
£15,805,334
Total Assessment
£16,650,380
(317) 269-1031

Contacts

  • Listing ID: 33446559

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 351 Monon Blvd, Carmel, IN 46032

The Retail Property at 351 Monon Blvd, Carmel, IN 46032 is currently available for sale. Contact CBRE, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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351 Monon Blvd, Carmel, IN for sale Building Photo- Image 1 of 5
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351 Monon Blvd, Carmel, IN for sale Building Photo- Image 2 of 5
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351 Monon Blvd, Carmel, IN for sale Building Photo- Image 4 of 5
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© 2024 CoStar Group

Sun King Brewery Heart of Midtown Carmel | 351 Monon Blvd
(317) 269-1031 x

Sun King Brewery Heart of Midtown Carmel | 351 Monon Blvd

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Matthew Gray

(317) 269-1031

(317) 269-1031

Kevin Broderick

(317) 269-1089

(317) 269-1089

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