10206 N Michigan Rd - Restaurant FOR SALE
Carmel, IN 46032 |
10206 N Michigan Rd
Carmel, IN 46032
HIGHLIGHTS
- 10 Years Remaining on a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporately Guaranteed By Darden Restaurants Which Includes 1,800 Restaurants Across North America
- Olive Garden, Who Established the Harvest Program in 2003 and a Partnership With Feeding America, Has Donated Over 43 Million Pounds of Food to Those
- Positioned Along N Michigan Road Which is a Heavy Retail and Dealership Corridor That Sees a Traffic Count of Over 50,900 Vehicles Per Day
- Adjacent to West Carmel MarketPlace Shopping Center With National Tenants Like Best Buy, Home Depot, Office Max, Kohl’s and Target
- Affluent, Dense Neighborhood With a Population of 133,367 Residents Making an Average Household Income of $115,242 Within a 5-Mile Radius
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Olive Garden
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Freestanding, Storefront
TOTAL BUILDING SIZE
7590
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
142
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
29-13-07-008-001.001-018
