Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Advertise
  • Real Estate Awards
  • Login/Register

Avison Young closes $1.45 million Steak ‘n Shake sale in Indiana

March 25, 2020
Share on Facebook Share on Twitter Share on LinkedIn Share via email
Avison Young has completed the $1.45 million acquisition of an off-market single-tenant restaurant property occupied by Steak ‘N Shake

Avison Young has completed the $1.45 million acquisition of an off-market single-tenant restaurant property occupied by Steak ‘N Shake at 6208 Cambridge Way in Plainfield, Indiana.

Avison Young associate Matthew Spear and principal Hayden Eaves, who are both based in the company’s downtown Los Angeles office, represented the all-cash private buyer from Westlake Village, California, who was in a 1031 exchange. The seller was a private investor from Indiana.

Built in 1996, the 3,414-square-foot property has about five years left on its corporate-guaranteed lease as the restaurant chain recently exercised an early lease extension.

The property is located in the greater Indianapolis market and features high visibility from both Highway 267 and I-70.

Tags
Avison YoungIndianaPlainfieldretailSteak 'n Shake
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
MissouriCRE

St. Louis’ Kadean Construction’s revenues more than double in 2020

March 5, 2021
IllinoisRetail

Cullinan Properties rebrands Illinois’ Quincy Mall

March 5, 2021
WisconsinIndustrial

Lee & Associates closes warehouse lease in Madison

March 5, 2021
IllinoisCRE

CRE Future Leaders: Cody Balogh, The Missner Group

March 5, 2021

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Advertise
  • Office Locations
© 2021 REjournals.com