2201 W Southport Rd
Indianapolis, IN 46217
Retail Property For Sale

Absolute NNN Lease: New ±20-year absolute triple-net (NNN) lease structure, offering passive income with no landlord responsibilities. The lease includes 10% rental increases every five years during both the base term and renewal option periods, providing reliable rent escalation and inflation protection.
Corporate Guarantee: Lease is corporately guaranteed by Zaxby’s Properties, LLC, enhancing the credit profile and mitigating tenant risk.
Demographic Strength: The property benefits from a population of ±150,357 residents within a ±5-mile radius, reflecting significant residential density. This strong population base directly supports tenant performance and long-term viability in the location.
Affluent Trade Area: Average household income of $94,650 within a ±5-mile radius of the property.
Premier Submarket: Located within one of Southern Indianapolis’ most active growth corridors, the site is surrounded by new residential developments and national retailers. Recent additions to the immediate trade area include Dutch Bros, McDonald’s, and Taco Bell—demonstrating national brands’ confidence in the market and bolstering long-term demand drivers.
Superior Accessibility: The property is strategically positioned off Interstate 69, a major regional thoroughfare, at the site of a future planned interchange. This infrastructure enhancement is expected to further increase traffic counts, accessibility, and long-term property value.
National Tenant Profile: Zaxby’s is a well-established quick-service restaurant (QSR) brand with over 950+ locations across 17+ states. The company is headquartered in Atlanta, GA, and has a growing national presence.
Institutional Investment: In 2020, affiliates of Goldman Sachs made a strategic equity investment in Zaxby’s to support accelerated national growth and operational expansion, underscoring institutional confidence in the brand’s long-term outlook.
Corporate Operations: Zaxby’s operates 145+ company-owned restaurants, demonstrating substantial operational capacity and a direct commitment to brand performance and quality control.