14921 Thatcher Ln | Carmel, IN 46032
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14921 Thatcher Ln
Carmel, IN 46032
Huntington Bank · Retail Property For Sale
Investment Highlights
- More than 10 years remaining on an Absolute NNN Ground Lease
- Outparcel to Village Park Plaza shopping center, anchored by Walmart, and adjacent to an under construction Raising Canes property
- Deposits of more than $74M as of June 30, 2023 and sits on a large 1.42 acre parcel with four drive-thru lanes
- Corporately guaranteed by The Huntington National Bank (NASDAQ:HBAN): more than $188B in assets, $7.2B in 2022 revenue and A- credit rating by S&P
- Excellent visibility from North Meridian Street/Hwy 31 (54,584 VPD), just a 1/2 mile north of its interchange with East 146th Street (22,427 VPD)
- 10% increases every five years and in each option period
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
6,155 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.42 AC
Parking
24 Spaces (7.41 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 29-10-18-000-015.132-015 | Improvements Assessment | $682,700 |
| Land Assessment | $990,000 | Total Assessment | $1,672,700 |
Property Taxes
Parcel Number
29-10-18-000-015.132-015
Land Assessment
$990,000
Improvements Assessment
$682,700
Total Assessment
$1,672,700
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