1533 Chatham Commons Blvd - Retail FOR SALE
Westfield, IN 46074 |
$5,436,273 USD
214-692-2927
1533 Chatham Commons Blvd
Westfield, IN 46074
HIGHLIGHTS
- Affluent Trade Area: Average Household Income of $164,717 Within a 5-Mile Radius of the property.
- Corporate Guarantee: Lease is corporately guaranteed by Zaxby’s Properties, LLC, enhancing the credit profile and mitigating tenant risk.
- Demographic Strength: The property benefits from a 5-mile population of ±89,297, reflecting robust historical growth of 4.2% annually since 2020.
- Absolute NNN Lease: New 20-year absolute triple-net (NNN) lease structure, offering passive income with no landlord responsibilities.
- Premier Submarket: Strategically located in Westfield, an upper-income suburb within the Indianapolis metropolitan area.
- Corporate Operations: Zaxby’s operates 145+ company-owned restaurants, demonstrating substantial operational capacity.
FOR SALE DETAILS
PRICE
$5,436,273 USD
PRICE/SF
$640 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Zaxby's
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-692-2927
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-692-2927
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
