200 Paris Dr - Fast Food FOR SALE


Franklin, IN 46131
$1,440,000 USD
408-510-9057
200 Paris Dr, Franklin, IN for Sale
$1,440,000 USD
Fast Food - FOR SALE
1/5
null | 6.25% Cap Rate

200 Paris Dr
Franklin, IN 46131


HIGHLIGHTS

  • Brand-New 15-Year Absolute NNN Lease With 10% Increases | Personally Guaranteed by High-Net-Worth Franchisee
  • Prime Location Just Off I-65 With ±70,000 VPD | Immediate Access From King Street Interchange and Paris Dr
  • Surrounded by National Brands and Key Employers | Adjacent to Starbucks, McDonald’s, Culver’s, Taco Bell, and Amazon Warehouse
  • Renovated in 2025 With Modern QSR Layout and Drive-Thru | ±2,532 SF Building on ±1.14 Acres Designed for High Traffic and Efficiency
  • Franklin Is Part of the Booming Indianapolis MSA
  • Hangry Joe’s Has Expanded From Coast to Coast and Internationally

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a newly renovated Hangry Joe’s Hot Chicken located at 200 Paris Drive in Franklin, Indiana. The tenant will enter into a brand-new 15-year absolute NNN lease at the close of escrow, with zero landlord responsibilities, 10% rent increases every five years, and four (4) five-year renewal options. The lease is backed by a strong personal guaranty from a high-net-worth individual. The ±2,532-square-foot building is situated on ±1.14 acres just off Interstate 65, offering visibility to over 70,000 vehicles per day at the King Street interchange. The property is surrounded by national retailers such as Culver’s, Starbucks, McDonald’s, and Taco Bell, and is near major employers including Mitsubishi Heavy Industries and Amazon’s MQJ9 fulfillment center. It also draws daily traffic from multiple nearby apartment complexes, hotels, and regional housing developments. Hangry Joe’s is a fast-growing franchise known for its bold take on Nashville-style hot chicken. With 2025 marking its aggressive expansion into key U.S. markets, the brand has already built strong national recognition and franchise momentum. Offered at $1,440,000 with a 6.25% cap rate and $90,000 in starting rent, this investment provides reliable long-term income backed by one of the fastest-growing QSR concepts in the country.

FOR SALE DETAILS

PRICE

$1,440,000 USD

PRICE/SF

$569 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hangry Joe's | High Performing Site

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C-2

APN/PARCEL ID

41-07-18-031-006.000-018

ASK ABOUT THIS PROPERTY

Tyler BindiMarcus & MillichapMore Info
408-510-9057

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Tyler BindiMarcus & MillichapMore Info
408-510-9057

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