5613 W 38th St - Fast Food FOR SALE


Indianapolis, IN 46224- Eagledale
$2,820,000 USD
310-492-8413
5613 W 38th St, Indianapolis, IN for Sale
$2,820,000 USD
Fast Food - FOR SALE
1/2
null | 5.32% Cap Rate

5613 W 38th St
Indianapolis, IN 46224
Eagledale


HIGHLIGHTS

  • Operated by one of the largest Jack in the Box franchisees (243 units) in the country along with other national QSR. Over 300 units across all brands
  • Strong performing store with an approx. 7% rent-to-sales ratio; sales are well above the Jack in the Box national average
  • Located in a dense retail thoroughfare with traffic counts approximately 68,500 per day (38th St & N. Kiel Ave)
  • Strong demographics with average household income of ±$59,000 in a 2- mile radius, ±$69,000 in a 5-mile radius, & ±86,000 in a 10-mile radius

OVERVIEW

Kidder Mathews is pleased to present 5613 W 38th St, Indianapolis, IN 46224 for sale. This investment opportunity is a free- standing, single-tenant property with a drive- thru currently leased to a Jack in-the-Box franchisee in the heart of Indianapolis, IN.

FOR SALE DETAILS

PRICE

$2,820,000 USD

PRICE/SF

$792 USD /SF

CAP RATE

5.32%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jack in the Box | 11+ Years Remaining

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

ZO01

APN/PARCEL ID

49-05-24-101-030.000-901

ASK ABOUT THIS PROPERTY

Justin MendelsonKidder MathewsMore Info
310-492-8413

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Justin MendelsonKidder MathewsMore Info
310-492-8413

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