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Marcus & Millichap

Whalen | Johnson Team

About Company

At Marcus & Millichap, our commitment is to help our clients create and preserve wealth by providing unprecedented real estate investment sales, financing, research and advisory services available. Headquartered in Indianapolis, Indiana, the Whalen | Johnson | Yoder Team of Marcus & Millichap is one of the top retail brokerage teams in the Midwest, having closed over 250 transactions and emassing more than $450 million in sales across 17 states. The team consists of 7 full-time investment sales specialists, backed by a 5 member support staff. As a collective, the group takes immense pride in their ability to represent clients in both the sale and purchase of investment grade commercial real estate.

600 E 96th St, Suite 500 Indianapolis, IN 46240

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308 South Tillotson Avenue, Muncie, IN , 47304
  • Size SF529
  • Built/Renov2023
  • Price/SF$3,167
  • Lease Start02-10-2024
  • Rent/SF$205.73
  • Lease Type Abs NNN
  • Lot/AC0.32
  • Pop 5MI86,218

1,675,500

  • Cap Rate 6.50%
  • NOI $108,832
  • R. Term/Yrs 19.2
  • Guarantor Franchisee
  • # Units 37
  • New construction

  • Near major nationals

  • Strategically located

  • University college close

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Annual rent increases

  • 25+ unit franchisee backed

  • ...
  • Tenant 7 Brew Coffee
  • Guarantor Franchisee
  • #Units 37
  • Stock Private
1455 North Acres Road, Prescott, WI , 54021
  • Size SF10,004
  • Built/Renov2024
  • Price/SF$204
  • Lease Start10-15-2024
  • Rent/SF$14.25
  • Lease Type NN+
  • Lot/AC1.07
  • Pop 5MI28,047

2,036,000

  • Cap Rate 7.00%
  • NOI $142,557
  • R. Term/Yrs 9.10
  • Guarantor Corp R + T
  • # Units 16,700
  • New construction

  • Build to suit

  • Strategically located

  • Highway location

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Brand new lease

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
6933 South State Road 67, Pendleton, IN , 46064
  • Size SF10,500
  • Built/Renov2024
  • Price/SF$200
  • Lease Start07-11-2024
  • Rent/SF$14.00
  • Lease Type NN+
  • Lot/AC1.23
  • Pop 5MI21,795

2,100,000

  • Cap Rate 7.00%
  • NOI $147,000
  • R. Term/Yrs 9.8
  • Guarantor Corp R + T
  • # Units 16,700
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Highway close

  • Brand new lease

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
612 2nd Avenue Southwest, Cresco, IA , 52136
  • Size SF10,000
  • Built/Renov2023
  • Price/SF$192
  • Lease Start03-04-2024
  • Rent/SF$13.95
  • Lease Type NN+
  • Lot/AC0.82
  • Pop 5MI4,887

1,924,137

  • Cap Rate 7.25%
  • NOI $139,500
  • R. Term/Yrs 9.3
  • Guarantor Corp R + T
  • # Units 16,700
  • New construction

  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Brand new lease

  • Long 10+ yr lease

  • Favorable NN+ lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar Tree
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa2/ BBB
  • Stock NASDAQ: DLTR
17 South Gamble Street, Shelby, OH , 44875
  • Size SF10,640
  • Built/Renov1900
  • Price/SF$59
  • Lease Start07-01-2002
  • Rent/SF$4.57
  • Lease Type Double NN
  • Lot/AC0.34
  • Pop 5MI13,427

630,000

  • Cap Rate 7.72%
  • NOI $48,662
  • R. Term/Yrs 4.7
  • Guarantor Corp R + T
  • # Units 19,986
  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Hospital close

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
307 Main Avenue West, Deer River, MN , 56636
  • Size SF9,100
  • Built/Renov2017
  • Price/SF$123
  • Lease Start11-01-2017
  • Rent/SF$9.55
  • Lease Type Abs NNN
  • Lot/AC1.05
  • Pop 5MI2,431

1,120,928

  • Cap Rate 7.75%
  • NOI $86,871
  • R. Term/Yrs 7.11
  • Guarantor Corp R + T
  • # Units 19,986
  • Build to suit

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
603 Pleasant Avenue West, Atwater, MN , 56209
  • Size SF9,100
  • Built/Renov2016
  • Price/SF$113
  • Lease Start08-29-2016
  • Rent/SF$8.76
  • Lease Type Abs NNN
  • Lot/AC1.08
  • Pop 5MI2,248

1,029,030

  • Cap Rate 7.75%
  • NOI $79,750
  • R. Term/Yrs 6.9
  • Guarantor Corp R + T
  • # Units 19,986
  • Build to suit

  • Dense retail corridor

  • Strategically located

  • Highway close

  • Absolute NNN

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Tenant Dollar General
  • Guarantor Corp T and Rated
  • #Units 19,986
  • Moody's/S&P Baa2/ BBB
  • Stock NYSE: DG
3750 North Illinois Street, Indianapolis, IN , 46208
  • Size SF3,312
  • Built/Renov1999
  • Price/SF$270
  • Lease Start08-06-1999
  • Rent/SF$32.61
  • Lease Type Abs NNN
  • Lot/AC0.78
  • Pop 5MI261,931

895,000

  • Cap Rate 12.07%
  • NOI $108,000
  • R. Term/Yrs 0.0
  • Guarantor Corp R + T
  • # Units 19,384
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • ...
  • Tenant Burger King
  • Guarantor Corp T and Rated
  • #Units 19,384
  • Stock NYSE: QSR
103 West Jourdan Street, Newton, IL , 62448
  • Size SF6,129
  • Built/Renov1998
  • Price/SF$349
  • Lease Start07-01-2005
  • Rent/SF$20.93
  • Lease Type Abs NNN
  • Lot/AC1.40
  • Pop 5MI4,379

2,139,000

  • Cap Rate 6.00%
  • NOI $128,267
  • R. Term/Yrs 6.7
  • Guarantor Corp R + T
  • # Units 16,700
  • Hard corner intersection

  • Build to suit

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Long operation history

  • Absolute NNN

  • Accelerated depreciation

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Tenant Circle K
  • Guarantor Corp T and Rated
  • #Units 16,700
  • Moody's/S&P Baa1/ BBB+
  • Stock TSX: ATD
311 East 14th Street, Huntingburg, IN , 47542
  • Size SF2,342
  • Built/Renov2021
  • Price/SF$668
  • Lease Start11-01-2021
  • Rent/SF$38.43
  • Lease Type Abs NNN
  • Lot/AC0.74
  • Pop 5MI10,636

1,565,000

  • Cap Rate 5.75%
  • NOI $90,000
  • R. Term/Yrs 11.11
  • Guarantor Franchisee
  • # Units 11
  • New construction

  • Build to suit

  • Near major nationals

  • Strategically located

  • Highway location

  • Hospital close

  • Absolute NNN

  • Long 10+ yr lease

  • Limited competition

  • Personal guarantee

  • ...
  • Tenant Arby's
  • Guarantor Franchisee
  • #Units 11
  • Stock Private

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