Restaurant For Sale • 7,476 SF
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 % |
Airport | Drive | Walk | Distance |
---|---|---|---|
Indianapolis International | 17 min | - | 7.7 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 110 |
Type: | Surface |
Included in Rent: | Yes |