3250 E Main St - Fast Food FOR SALE


Richmond, IN 47374
$1,538,000 USD
480-718-5555
3250 E Main St, Richmond, IN for Sale
$1,538,000 USD
Fast Food - FOR SALE
1/8
null | 6.5% Cap Rate

3250 E Main St
Richmond, IN 47374


HIGHLIGHTS

  • LONG-TERM ABSOLUTE NNN LEASE: 17 years remaining on initial 20-Year Absolute NNN lease with ATTRACTIVE 1.75% annual rental escalations beginning 2028!
  • TENANT: SFR X Holdings, LLC is a proven 120+ unit operator and the 11th largest Pizza Hut franchisee in the U.S.
  • STRONG HISTORICAL SALES: Successfully open & operating for decades **Please ask broker for details.**
  • DOMINANT RETAIL CORRIDOR: Across the street from Walmart - close proximity to Kohls, Menards, Kroger & Richmond Mall
  • TRAFFIC COUNTS: Outstanding visibility & access along US Rte 40/E Main St, the market’s primary east-west corridor, with traffic counts of 19,658 CPD!
  • 2025 DEMOGRAPHICS: Total Population (5MI): 43,687 | Average Household Income (1MI): $94,232

OVERVIEW

Fee Simple (Building & Land)

FOR SALE DETAILS

PRICE

$1,538,000 USD

PRICE/SF

$1,419 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PIZZA HUT - RICHMOND, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

GC

APN/PARCEL ID

89-16-34-430-116.000-030

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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