8932 E 38th St - Restaurant FOR SALE


Indianapolis, IN 46226- Far Eastside
$993,756 USD
332-345-4222
8932 E 38th St, Indianapolis, IN for Sale
$993,756 USD
Restaurant - FOR SALE
1/2
null | 6.75% Cap Rate

8932 E 38th St
Indianapolis, IN 46226
Far Eastside


HIGHLIGHTS

  • Brand-New Long-Term Lease
  • Strong Franchisee Guarantee
  • Strong Traffic Counts & Visibility
  • Strong Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Pizza Hut located at 8932 E 38th St, Indianapolis, IN 46226. The site consists of roughly 2,135 rentable square feet of building space on an estimated 0.6-acre parcel of land. This Pizza Hut is subject to a 15-year Triple Net (NNN) lease, which commenced 6/1/2025. The current annual rent is $67,079 and has scheduled increases of 1.50% annually.

FOR SALE DETAILS

PRICE

$993,756 USD

PRICE/SF

$465 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,180 SF

ZONING

-

APN/PARCEL ID

49-08-18-120-008.000-401

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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

Glen KunofskySurmountMore Info
332-345-4222

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