951 E Greenville Pike - Fast Food FOR SALE


Winchester, IN 47394
$2,104,760 USD
248-419-3811
951 E Greenville Pike, Winchester, IN for Sale
$2,104,760 USD
Fast Food - FOR SALE
1/5
null | 5.25% Cap Rate

951 E Greenville Pike
Winchester, IN 47394


HIGHLIGHTS

  • 29 Year Absolute NNN Lease expires in 2054. Premier Tenant - K-MAC Enterprises (350+ Units).
  • 2024 Complete Ground Up Rebuild. Located Directly Across from Walmart.
  • Established Successful Store Since 2010. Low Rent to Sales Ratio.
  • Average Household Income within 3 Miles is nearly $78,000.

OVERVIEW

Fortis Net Lease is pleased to present the opportunity to acquire a long-term, absolute NNN-leased Taco Bell property located at 951 E Greenville Pike in Winchester, Indiana. This rare offering features nearly 30 years of remaining lease term, providing investors with exceptional income durability and zero landlord responsibilities. The asset is leased to KMAC Enterprises, one of the largest Taco Bell franchisees in the United States, operating over 350 locations nationwide with a strong regional concentration in the South Central U.S. Originally constructed in 2010, the 1,960-square-foot building underwent a complete rebuild from the foundation up in 2024, The property is strategically positioned along E Greenville Pike—Winchester’s primary retail corridor—and directly benefits from immediate adjacency to national retailers such as Walmart, O’Reilly Auto Parts, Wendy’s, Goodwill, and Gillman Home Center. The absolute NNN lease structure eliminates any landlord maintenance obligations, making this an ideal opportunity for passive investors seeking secure, long-term cash flow backed by a best-in-class operator in the QSR space.

FOR SALE DETAILS

PRICE

$2,104,760 USD

PRICE/SF

$1,074 USD /SF

CAP RATE

5.25%

% 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

2010

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

C3

APN/PARCEL ID

68-09-28-500-035.001-021

ASK ABOUT THIS PROPERTY

Marvin DeLauraFortis Net LeaseMore Info
248-419-3811

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Marvin DeLauraFortis Net LeaseMore Info
248-419-3811

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