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10340 E Us-36
Avon, IN 46123

$5,634,820 USD

Restaurant For Sale  •  7,476 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 7,480 SF
  • Building Class C
  • Year Built 1999
  • Cap Rate 5.25 %
  • Tenancy Single
0 Transit Score
49 Walk Score

Highlights

Land & Building Ownership Allows for Depreciation Tax Benefits
Base Lease Term of 15 Years with Three, Five-Year Options to Renew & Zero Landlord Responsibilities
10% Rental Increases Every Five Years & in Option Periods
Brand-New Lease with Texas Roadhouse, Inc. (NASDAQ: TXRH)
5-Mile Average Household Income of +/-$131,000 and 5-Mile Consumer Spending Approximately $2.4 Billion
Cap Rate: 5.25 %

Public Transportation

AirportDriveWalkDistance
Indianapolis International 17 min - 7.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 110
Type: Surface
Included in Rent: Yes
Jordan Klink 317-218-5316 Marcus & Millichap
Jordan Klink 317-218-5316 Marcus & Millichap