14921 Thatcher Ln - Bank FOR SALE
Carmel, IN 46032 |
14921 Thatcher Ln
Carmel, IN 46032
HIGHLIGHTS
- More than 10 years remaining on an Absolute NNN Ground Lease
- Corporately guaranteed by The Huntington National Bank (NASDAQ:HBAN): more than $188B in assets, $7.2B in 2022 revenue and A- credit rating by S&P
- Outparcel to Village Park Plaza shopping center, anchored by Walmart, and adjacent to an under construction Raising Canes property
- Excellent visibility from North Meridian Street/Hwy 31 (54,584 VPD), just a 1/2 mile north of its interchange with East 146th Street (22,427 VPD)
- Deposits of more than $74M as of June 30, 2023 and sits on a large 1.42 acre parcel with four drive-thru lanes
- 10% increases every five years and in each option period
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Huntington Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
6155
STORIES
1
YEAR BUILT
2016
SPRINKLERS
-
PARKING SPACES
24
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
29-10-18-000-015.132-015
