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14528 Herriman Blvd 2,225 SF Retail Building Noblesville, IN 46060 $2,688,000 ($1,208.09/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Asset sits within a pocket benefiting from rapid developments, including, Costco, Chick-Fil-A, Crunch Fitness, and more
  • Site is located at an intersection that sees nearly 80k+ VPD

EXECUTIVE SUMMARY

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Starbucks in Noblesville, IN. The Premises is leased to Starbucks for a 10 year initial
term, with four (4) - five (5) year options. The Asset is well positioned on the main retail corridor in Noblesville, IN.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,225 SF
Building Class
B
Year Built
2023
Price
$2,688,000
Price Per SF
$1,208.09
Cap Rate
6.25%
NOI
$167,988
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.92 AC
Parking
29 Spaces (13.03 Spaces per 1,000 SF Leased)
Frontage
413’ on Herriman Boulevard

AMENITIES

  • Signage
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

Starbucks is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Dutch Bros Inc.
Regions Bank
PNC Bank
Crunch Fitness
Del Toyota
Buffalo Wild Wings
Pickleman's Gourmet Cafe
Chase Bank
Charles Schwab
StorageMart

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 29-11-19-000-007.008-019
  • 29-11-19-000-007.000-019
Land Assessment
$689,700
Improvements Assessment
$279,300
Total Assessment
$969,000
  • Listing ID: 35423815

  • Date on Market: 4/9/2025

  • Last Updated:

  • Address: 14528 Herriman Blvd, Noblesville, IN 46060

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