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1236 W State Road 32
Lebanon, IN 46052
Steak N Shake Lebanon IN · Retail Property For Sale
Investment Highlights
- Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Tenant Recently Exercised One of Their Five Year Extensions Early, Showing Commitment to the Site
- Residents Make an Average Household Income of $66,640 Within a 5-Mile Radius and Spend a Majority of Their Income on Food and Beverage
- Strong Rent-to-Sales Ratio; Please Contact Brokers For More Information
- Located Along State Rodd 32 at I-65, Which Sees a Combined Traffic Count of Over 82,900 VPD
- Indianapolis is a Quick 30 Minutes Southeast Down Interstate 65
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,734 SF
Building Class
C
Year Built
1996
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.87 AC
Zoning
ZO01
Parking
65 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
170’ on W State Road 32
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 06-10-35-000-012.000-002 | Improvements Assessment | $710,000 |
| Land Assessment | $174,000 | Total Assessment | $884,000 |
Property Taxes
Parcel Number
06-10-35-000-012.000-002
Land Assessment
$174,000
Improvements Assessment
$710,000
Total Assessment
$884,000
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