Listed by Veritas Realty
$3,136,150
Taco Bell | Indianapolis, IN
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,349
Cap Rate 6%
NOI $188,169
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 12/18/2032
Remaining Term 6.5
Rent Bumps Yes
Lease Options Four Options of 5-Years
Price per SqFt $1,335
Year Built 2006
Acreage 1.560
Parking Spaces 25 spaces
Parking per 1,000 SqFt 10.64
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 12/19/2012
Ground Lease No
Abs NNN | 1.50% Annual Increases | 20+ years of Success at this Location
Investment highlights
- No Landlord Responsibilities: Absolute NNN lease structure
- Rental Increases: 1.50% annual increase
- Great Location: US-31 (ADT: 46,354) & Thompson Rd (ADT: 14,163)
- Easy Access: Located at the corner of a signalized intersection
- Retail Corridor: Starbucks, McDonald's, Wendy's, Arby's, Kroger, etc...
- Operating History: 20+ years of success at this location
- Parcel Size: 1.56 acres allows for various redevelopment opportunities
Listing Contacts
Listed by Veritas Realty
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$188,169.00
$15,680.75/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
C3 CommercialNeighborhood CommercialNeighborhood Commercial District
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View all 152 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
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