2207 N Jefferson St - Fast Food FOR SALE


Huntington, IN 46750
$2,000,000 USD
812-320-8483
2207 N Jefferson St, Huntington, IN for Sale
$2,000,000 USD
Fast Food - FOR SALE
1/4
null | 7.12% Cap Rate

2207 N Jefferson St
Huntington, IN 46750


HIGHLIGHTS

  • Class A Two-Tenant QSR Center with Drive-Through | Built-to-Suit in 2016 for Hardee's & Subway | Adjacent to Huntington University & Comfort Inn
  • Located at the Signalized Intersection of US 24 & 224 (Combined VPD 31,248) | Site Offers Large Pylon Sign with Visibility from Highway
  • This Hardee’s Location is Ranked in the Top  16% of Hardee’s Nationwide, and the Top 5% in Indiana in Foot Traffic Per Placer.ai (Subway not Listed)

OVERVIEW

Class A Two-Tenant QSR Center with Drive-Through | Built-to-Suit in 2016 for Hardee's & Subway | Adjacent to Huntington University and Across the Street from Walmart Supercenter and Huntington North High School    NNN Leases with Strong Franchisee Guarantees - Subway Systems, LLC is a 33-Unit Operator That Has Been in Business in the Greater Fort Wayne Area Since 1987 | Leases Also Guaranteed by Corporate (Subway IP, LLC) with 42,000 Locations Worldwide (2024 Revenue $9.1 Billion)    Located at the Signalized Intersection of US 24 & 224 (Combined VPD 31,248) | Site Offers Large Pylon Sign with Visibility from Highway | US 24 is the Main Artery Connecting to Fort Wayne   This Hardee’s Location is Ranked in the Top  16% of Hardee’s Nationwide, and the Top 5% in Indiana in Foot Traffic Per Placer.ai (Subway is Not Listed on Placer.ai) | Subway is a Relocation Store   Across from Huntington Plaza That Ranks in the Top 27% of Strip/Convenience Centers in the Nation and in the Top 22% in Indiana - with Dollar General, Harbor Freight Tools, O’Reilly Auto Parts, Maurices, Aaron’s | Located 1.8 Miles from Parkview Huntington Hospital    Landlord-Friendly Leases with Tenant Managing the Property | Multiple 5-Year Options with 8% Increases in Each    Across from Highly Trafficked Kroger and Tractor Supply Co | Kroger Ranks in the Top 14% Nationwide and Top 14% in Indiana | Tractor Supply Ranks in the Top 17% Nationwide and Top 18% in Indiana in Foot Traffic (Placer.ai)   Huntington is Located 25 Miles from Fort Wayne, Indiana’s 2nd Largest City, and is a Part of the Fort Wayne, IN MSA with 455,000 Residents

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

7.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hardee's & Subway | Fort Wayne, IN MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

Commercial

APN/PARCEL ID

35-05-10-200-361.500-005

ASK ABOUT THIS PROPERTY

Damien YoderMarcus & MillichapMore Info
812-320-8483

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Damien YoderMarcus & MillichapMore Info
812-320-8483

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