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1129 E Main St
Greenwood, IN 46143
Taco Bell | Greenwood, IN · Retail Property For Sale
Investment Highlights
- No Landlord Responsibilities: Absolute NNN lease structure
- Great Location: On Main St (ADT: 29,434), just East of S Emerson Ave (ADT: 20,433) and West of I-65 (ADT: 114,224)
- Operating History: 19+ years of success at this location
- Rental Increases: 1.50% annual increases
- Retail Corridor: Franciscan Health, Sam’s Club, Walmart Supercenter, Starbucks, McDonald’s, Jimmy John’s, Wendy’s, Arby’s, Denny’s, Papa Johns, etc.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,080 SF
Building Class
C
Year Built/Renovated
1997/2005
Price
$3,123,583
Price Per SF
$1,501.72
Cap Rate
5.75%
NOI
$179,606
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.49 AC
Parking
30 Spaces
Frontage
127’ on E Main St
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 41-02-34-032-015.002-025 | Improvements Assessment | $361,200 |
| Land Assessment | $444,900 | Total Assessment | $806,100 |
Property Taxes
Parcel Number
41-02-34-032-015.002-025
Land Assessment
$444,900
Improvements Assessment
$361,200
Total Assessment
$806,100
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