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1250 W State Road 32
Lebanon, IN 46052
Retail Property For Sale
Investment Highlights
- AES Restaurant Group, LLC was named the 2019 Top Franchisee of The Year within Arby’s System
- Tenant Renewal Options: Four (4) Five (5) Year, Forty (40) Year Total Term
- 6.5% Rental Escalations Each Five Year Period
- Shadowing Menards, Purity Wholesale Grocers, Camping World and Weston Foods
- 20-Year Absolute NNN Lease; Zero Landlord Responsibilities
- Freshly Renovated in 2020-Drive-Thru Unit
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,054 SF
Year Built
1994
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.83 AC
Zoning
ZO01
Parking
55 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
175’ on W State Road 32
Amenities
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 06-10-35-000-022.013-002 | Improvements Assessment | $593,700 |
| Land Assessment | $166,400 | Total Assessment | $760,100 |
Property Taxes
Parcel Number
06-10-35-000-022.013-002
Land Assessment
$166,400
Improvements Assessment
$593,700
Total Assessment
$760,100
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