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Pizza Hut 4537 N Shadeland Ave

4,000 SF Retail Building Indianapolis, IN 46226 $1,361,646 CAD ($340.41 CAD/SF) 7% Cap Rate

Retail Space Indiana Indianapolis 4537 N Shadeland Ave, Indianapolis, IN 46226

INVESTMENT HIGHLIGHTS

  • Long-Term, 10-Year Absolute Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • Franchisee Guarantee - Strong Franchisee Guarantee from Quality Huts (350+ Units)
  • Annual Rental Increases - 1.50% Annual Rental Increases

EXECUTIVE SUMMARY

NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at 4537 N Shadeland Ave, Indianapolis, IN 46226. The site consists of roughly 4,000 rentable square feet of building space on an estimated 0.63-acre parcel of land. This Pizza Hut is subject to a 10-year Triple Net (NNN) lease, which commenced 4/1/2024. The current annual rent is $66,070 and has scheduled increases of 1.50% Annually.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
4,000 SF
Building Class
C
Year Built
1973
Price
$1,361,646 CAD
Price Per SF
$340.41 CAD
Cap Rate
7%
NOI
$95,315 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.63 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
12 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
112’ on N Shadeland Ave

AMENITIES

  • Bus Line
  • Air Conditioning
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4537 N Shadeland Ave, Indianapolis, IN - AERIAL map view

NEARBY MAJOR RETAILERS

Waffle House
Rent-A-Center
Bank of America
Fifth Third Bank
Chase

PROPERTY TAXES

Parcel Number 49-07-13-123-023.000-407 Improvements Assessment $126,525 CAD
Land Assessment $105,438 CAD Total Assessment $231,963 CAD

PROPERTY TAXES

Parcel Number
49-07-13-123-023.000-407
Land Assessment
$105,438 CAD
Improvements Assessment
$126,525 CAD
Total Assessment
$231,963 CAD
(332) 345-4222

CONTACTS

  • Listing ID: 32171035

  • Date on Market: 2024-06-18

  • Last Updated:

  • Address: 4537 N Shadeland Ave, Indianapolis, IN 46226

The Lawrence Retail Property at 4537 N Shadeland Ave, Indianapolis, IN 46226 is currently available. Contact NNN Pro Group for more information.

NEARBY LISTINGS

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4537 N Shadeland Ave, Indianapolis, IN for sale Building Photo- Image 1 of 3
4537 N Shadeland Ave, Indianapolis, IN - Main
4537 N Shadeland Ave, Indianapolis, IN for sale Aerial- Image 2 of 3
4537 N Shadelamd Ave, Indianapolis, IN - Ariel

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Pizza Hut | 4537 N Shadeland Ave
(332) 345-4222 x

Pizza Hut | 4537 N Shadeland Ave

1/4

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Kyle Karsian

(332) 345-4271

(332) 345-4271

Patrick Finn

(332) 345-7297

(332) 345-7297

Davis Ford

(332) 345-1035

(332) 345-1035

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