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Taco Bell 2316 Southport Commons Dr 2,274 SF Retail Building Indianapolis, IN 46217 $1,775,000 ($780.56/SF) 5.35% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand-New Taco Bell Ground Lease in Affluent Indianapolis MSA: 15-year absolute NNN ground lease
Major Infrastructure Improvements: Recently completed I-69 expansion added 35 miles of new lanes
Dense and Affluent Demographics: Roughly 150,000 people within a 5-mile radius

Prime Interstate Location: Positioned directly off I-69, benefiting from exceptional visibility and exposure to approximately 44,300 vehicles per day
Surrounding Development Momentum: Subject property is part of the Southern Dunes commercial project which when complete will feature McDonald’s
Proximity to Downtown Indianapolis: Located just eight miles from downtown

EXECUTIVE SUMMARY

15-Year Absolute NNN Ground Lease | High-Traffic Interstate Location (44,300+ CPD) | 90-Unit Operator (Bell Indiana, LLC)

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Fast Food

Building Size

2,274 SF

Building Class

Year Built

2025

Price

$1,775,000

Price Per SF

$780.56

Cap Rate

5.35%

NOI

$95,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.04

Lot Size

1.40 AC

PROPERTY TAXES

Parcel Number	49-14-16-123-001.000-500	Improvements Assessment	$0
Land Assessment	$42,700	Total Assessment	$42,700

PROPERTY TAXES

Parcel Number

49-14-16-123-001.000-500

Land Assessment

$42,700

Improvements Assessment

Total Assessment

$42,700

(844) 585-7678

CONTACT

Dylan Mallory
Hanley Investment Group

Listing ID: 38158015
Date on Market: 10/21/2025
Last Updated:
Address: 2316 Southport Commons Dr, Indianapolis, IN 46217

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2316 Southport Commons Dr, Indianapolis, IN for sale Building Photo- Image 1 of 6 — tacobell_cover

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Taco Bell | 2316 Southport Commons Dr

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