2403 E Wabash St | Frankfort, IN 46041
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2403 E Wabash St
Frankfort, IN 46041
Taco Bell · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Historical Sales – 50% sales growth since 2011 & 24% sales Growth Since 2015.
- Attractive Increases – The lease features 1% annual rental increases.
- Extremely Profitable Location – Healthy rent-to-sale ratio (see broker for more details on profitability).
- Zero Landlord Obligations – The tenant in on an Absolute NNN lease with zero management responsibilities.
- Recently Extended – Taco Bell recently extended its lease to 03/31/2027 showing their commitment to the location and market.
- High Traffic Volume – Wabash Street sees approximately 15,000 vehicles per day.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,209 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.45 AC
Zoning
Commercial
Frontage
146’ on E Wabash
PROPERTY TAXES
| Parcel Number | 12-10-12-326-003.000-021 | Improvements Assessment | $138,900 |
| Land Assessment | $210,800 | Total Assessment | $349,700 |
PROPERTY TAXES
Parcel Number
12-10-12-326-003.000-021
Land Assessment
$210,800
Improvements Assessment
$138,900
Total Assessment
$349,700
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