« Back to Listing
Print Now

FRESH THYME MARKET FISHERS

Price on request
ID-1456 - For Sale
FRESH THYME MARKET FISHERS

FISHERS, IN

11481 E. 116th Street, Fishers, IN 46037
SQF 28,564 Tenants 1

General Information:

The Fresh Thyme property located in Fishers, Indiana (“The Property”) consists of a 28,564 square foot freestanding retail building on 3.47 acres of land. Fresh Thyme is operating under a 15-year, NNN lease with 9 years, 6 months of lease term remaining. The lease also features rent escalations of 6.67% every 5-years throughout the base and option terms, providing investors with a boost to overall cash flows and a significant hedge against inflation.

The Property is located in Fishers, IN, a dense, affluent suburb located northeast of Indianapolis. The Property benefits from being a part of the Indianapolis MSA, which has an estimated population of 2,074,537 and is the fastest-growing metropolitan area in the Midwest. Fishers boasts a highly educated, affluent population that has grown 15% over the past 5 years. Outstanding demographics like this create an ideal environment for an upscale, health grocer like Fresh Thyme Farmers Market.

Fresh Thyme Market is a specialty grocer, featuring healthy and organic value-priced offerings. Fresh Thyme offers a new shopping experience to the Midwest. The first Fresh Thyme location, in Mount Prospect, Illinois, opened in April 2014, and today, there are 70 locations open across Illinois, Iowa, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio, and Wisconsin.

Gabriel Ancona