1599 N Morton St | Franklin, IN 46131
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1599 N Morton St
Franklin, IN 46131
100% Leased NNN QSR | Dual Drive-Thru · Retail Property For Sale
Investment Highlights
- Freestanding 1,066-RSF QSR built-out with a dual drive-thru feature just north of Downtown Franklin, part of the Indianapolis MSA.
- Extraordinary investment opportunity to acquire a 100% leased absolute NNN asset with a newly signed 20-year lease and 3% annual escalations.
- Excellently encompassed by a growing community with a significant spending power of more than $74 million on food at home and away from home annually.
- Incredibly situated with can't-miss visibility on a prominent corner lot at the signalized intersection of US 31 S/N Morton and N Main Streets.
- Beneficially situated within a booming retail corridor in front of more than 24,000 VPD within immediate proximity of nationally renowned retailers.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,066 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.37 AC
Parcel Number
41-08-11-033-109.000-009
Zoning
MXC - Mixed Use Commercial
Parking
15 Spaces (14.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Courtyard
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
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Matterport 3D Exterior
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Street
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