5607 W. 38th St

5607 W. 38th St, Indianapolis, IN 46254

Property Information

  • For Sale $2,691,000
  • Property Type Retail
  • Property Size 950 SF
  • Lot Size 1 Acre
  • Cap Rate % 5.5
  • Date Updated Jun 3, 2026

Description

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros Coffee investment property located in Indianapolis, Indiana. The tenant, Dutch Bros, recently signed a brand new, 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Contacts

Location

Located at 5607 W. 38th St, Indianapolis, IN 46254, this property is part of the Eagledale neighborhood and Indianapolis market.

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