13638 Bent Grass Ln
Fishers, IN 46038
Verizon Wireless · Retail Property For Sale

Marcus & Millichap is pleased to present the exclusive listing for a 2,464-square foot new construction, freestanding Verizon Wireless located in Fishers, Indiana. Verizon Wireless signed a new triple-net lease with 10 years remaining that includes (2) 5-year options and a new 15-year roof warranty. The Verizon Wireless investment offering also includes ideal 5% rent increases in the base term and in the option periods. The investment offers a corporate guarantee from Cellular Sales, the largest operator of Verizon Wireless with over 600 locations. The subject property is located on the corner of Indiana State Road 37 and East 135th Street. State Road 37 (SR 37) is a major route in the U.S. state of Indiana, running as a four-lane divided highway for 110 miles of its course. The subject property is located in a dense retail trade area that include Walmart Neighborhood Market, Target, CVS Pharmacy, Buffalo Wild Wings, McDonald’s, Burger King, Taco Bell, Wendy’s, Subway, Chase Bank, Goodwill, and a plethora of auto dealerships with flags such as Cadillac, Nissan, Honda, among others. Located in one of the best submarkets in the country, Hamilton County hosts the communities of Carmel, Noblesville, Westfield and Fishers. Fishers was ranked in a 2012 issue of Money Magazine as the 12th best place to live in the nation. Money Magazine cited Fishers’ strong economy, home prices and good schools as factors for its high ranking. Fishers is one of eight communities in the country to be named in the last three Best Places to Live with populations over 40,000. Fishers, Indiana is both dense and affluent. There are over 52,000 residents within a 3-mile radius and over 120,000 in a 5-mile radius. The average income within a 3-mile radius is over $140,000, well exceeding the national average.