2316 Southport Commons Dr - Fast Food FOR SALE


Indianapolis, IN 46217- Southern Dunes
$1,775,000 USD
844-585-7678
2316 Southport Commons Dr, Indianapolis, IN for Sale
$1,775,000 USD
Fast Food - FOR SALE
1/5
null | 5.35% Cap Rate

2316 Southport Commons Dr
Indianapolis, IN 46217
Southern Dunes


HIGHLIGHTS

  • Brand-New Taco Bell Ground Lease in Affluent Indianapolis MSA: 15-year absolute NNN ground lease
  • Prime Interstate Location: Positioned directly off I-69, benefiting from exceptional visibility and exposure to approximately 44,300 vehicles per day
  • Major Infrastructure Improvements: Recently completed I-69 expansion added 35 miles of new lanes
  • Surrounding Development Momentum: Subject property is part of the Southern Dunes commercial project which when complete will feature McDonald’s
  • Dense and Affluent Demographics: Roughly 150,000 people within a 5-mile radius
  • Proximity to Downtown Indianapolis: Located just eight miles from downtown

OVERVIEW

15-Year Absolute NNN Ground Lease | High-Traffic Interstate Location (44,300+ CPD) | 90-Unit Operator (Bell Indiana, LLC)

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$781 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

49-14-16-123-001.000-500

ASK ABOUT THIS PROPERTY

Dylan MalloryHanley Investment GroupMore Info
844-585-7678

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Dylan MalloryHanley Investment GroupMore Info
844-585-7678

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