1405 N Shadeland Ave | Indianapolis, IN 46219
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1405 N Shadeland Ave
Indianapolis, IN 46219
Texas Roadhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Very Rare Fee-Simple Ownership: Land & Building Ownership Allows for Depreciation Tax Benefits
- Attractive Rental Increases: 10% Rental Increases Every Five Years & in Option Periods
- Long-Term NNN Lease: Base Lease Term of 15 Years with Three, Five-Year Options to Renew & Zero Landlord Responsibilities
- Corporate Guarantee: Brand-New Lease with Texas Roadhouse, Inc. (NASDAQ: TXRH)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
7,342 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.61 AC
Zoning
ZO01
PROPERTY TAXES
| Parcel Number | 49-07-36-118-025.000-700 | Improvements Assessment | $671,300 |
| Land Assessment | $359,500 | Total Assessment | $1,030,800 |
PROPERTY TAXES
Parcel Number
49-07-36-118-025.000-700
Land Assessment
$359,500
Improvements Assessment
$671,300
Total Assessment
$1,030,800
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