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IndianaNet LeaseRetail

Marcus & Millichap sells White Castle restaurant in Indiana

November 18, 2020
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Marcus & Millichap closes the sale of a White Castle ground lease of 2,584 square feet in Seymour, Indiana.

The property sold for $600,000.

Dominic Sulo, first vice president and investment specialist in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. Josh Caruana assisted in closing this transaction as broker of record in Indiana.

The White Castle is located at 1970 E. Tipton St. in Seymour near the interchange of Highway 50 and Interstate 65. The buyer was selected in the first week of marketing and went from contract to close in 24 days.

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