4537 N Shadeland Ave - Retail FOR SALE


Indianapolis, IN 46226- Lawrence
$943,857 USD
332-345-4222
4537 N Shadeland Ave, Indianapolis, IN for Sale
$943,857 USD
Retail - FOR SALE
1/2
null | 7% Cap Rate

4537 N Shadeland Ave
Indianapolis, IN 46226
Lawrence


HIGHLIGHTS

  • Long-Term, 10-Year Absolute Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • Annual Rental Increases - 1.50% Annual Rental Increases
  • Franchisee Guarantee - Strong Franchisee Guarantee from Quality Huts (350+ Units)

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 4537 N Shadeland Ave, Indianapolis, IN 46226. The site consists of roughly 4,000 rentable square feet of building space on an estimated 0.63-acre parcel of land. This Pizza Hut is subject to a 10-year Triple Net (NNN) lease, which commenced 4/1/2024. The current annual rent is $66,070 and has scheduled increases of 1.50% Annually.

FOR SALE DETAILS

PRICE

$943,857 USD

PRICE/SF

$236 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

Commercial

APN/PARCEL ID

49-07-13-123-023.000-407

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.