1290 N Green St
Brownsburg, IN 46112
Starbucks · Retail Property For Sale

The offering provides the opportunity to acquire a brand new build-to-suit Starbucks located in the affluent suburb of Brownsburg, Indiana (Indianapolis MSA), at a heavily-traveled Interstate 74 interchange. The lease features a 10 year initial term with no early termination clause, and four 5-year options with 10% rental increases every 5 years in the base term and extension periods. The subject property features a newly constructed, freestanding Starbucks store with a drive-thru, excellent highway visibility, and an abundance of customer parking. This new store, scheduled to open on October 25, 2018, reinforces Starbucks’ long-term commitment to Brownsburg and demonstrates their confidence in this particular site generating strong sales in the future. The retail market - This Starbucks is an accessible pad site along N. Green Street, Brownsburg’s busiest retail corridor. The property is adjacent to any retail drivers including Kroger and Walmart Supercenter, and neighboring outparcels include Chase Bank, McDonald’s, Crew Carwash, Culver’s, and other national retailers. Starbucks benefits from traffic counts of over 28,400 vehicles per day on N. Green Street (SR-267), and is just north of Interstate 74, which bisects Brownsburg with 30,500+ VPD. Additionally, W. Northfield Drive, the intersecting road just south of the Starbucks property, is the main east-west thoroughfare to five large distribution centers, including HomeGoods, Guitar Center, Sur La Table, and O’Reilly Auto Parts. The town of Brownsburg is a wealthy suburb of the Indianapolis MSA, with average household incomes exceeding $103,000 within a 5-mile radius of the subject property.