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720 Henderson Way
Pendleton, IN 46064

$2,271,142 USD

Restaurant For Sale  •  2,300 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 2,300 SF
  • Lot Size 0.28 AC
  • Building Class B
  • Year Built 2024
  • Cap Rate 6.30 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
16 Walk Score

Highlights

9.75 Years Remaining on NN Lease | Corporate Guaranty | No Kickout Clause or Early Termination | Rental Increases Throughout Initial Term and Options
10-Mile Population Grew by 47% Since 2000 | Pendleton's Population Has Grown by 24% Since 2020
Freestanding Starbucks (S&P: BBB+) with Drive-Through | Directly Off I-69 Exit (89,576 Combined VPD)

Property Flyers

Cap Rate: 6.30 %
Damien Yoder 812-320-8483 Marcus & Millichap
Damien Yoder 812-320-8483 Marcus & Millichap