10206 N Michigan Rd | Carmel, IN 46032
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- LoopNet Team
10206 N Michigan Rd
Carmel, IN 46032
Olive Garden · Retail Property For Sale
Investment Highlights
- 10 Years Remaining on a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Olive Garden, Who Established the Harvest Program in 2003 and a Partnership With Feeding America, Has Donated Over 43 Million Pounds of Food to Those
- Adjacent to West Carmel MarketPlace Shopping Center With National Tenants Like Best Buy, Home Depot, Office Max, Kohl’s and Target
- Corporately Guaranteed By Darden Restaurants Which Includes 1,800 Restaurants Across North America
- Positioned Along N Michigan Road Which is a Heavy Retail and Dealership Corridor That Sees a Traffic Count of Over 50,900 Vehicles Per Day
- Affluent, Dense Neighborhood With a Population of 133,367 Residents Making an Average Household Income of $115,242 Within a 5-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,590 SF
Building Class
A
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.86 AC
Parking
142 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
152’ on N Michigan Ave.
Amenities
- Restaurant
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
Property Taxes
| Parcel Numbers | Improvements Assessment | $966,100 | |
| Land Assessment | $1,398,000 | Total Assessment | $2,364,100 |
Property Taxes
Parcel Numbers
Land Assessment
$1,398,000
Improvements Assessment
$966,100
Total Assessment
$2,364,100
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