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3102 E Washington St
Indianapolis, IN 46201
Rally's · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- High-Visibility Double Drive-Thru Opportunity
- Strategic Infill Location Near Major Retailers
- Turnkey Restaurant Layout
EXECUTIVE SUMMARY
High-Visibility Drive-Thru Opportunity – Freestanding QSR building on East Washington Street with 21,000 VPD, prominent pole signage, and excellent street exposure just east of Downtown Indianapolis.
Turnkey Restaurant Layout – ±718 SF building with existing double drive-thru configuration, outdoor seating, and ±11 on-site parking spaces, ideal for quick-service or fast-casual users.
Strong Demographic & Daytime Population – Located within a 5-mile radius of 266,620 residents, 186,329 employees, and average household income of $81,198, supporting sustained daily traffic.
Strategic Infill Location Near Major Retailers – Surrounded by national tenants including Popeyes, Taco Bell, Dollar Tree, CVS,and Purdue Polytechnic High School, driving consistent consumer draw.
Turnkey Restaurant Layout – ±718 SF building with existing double drive-thru configuration, outdoor seating, and ±11 on-site parking spaces, ideal for quick-service or fast-casual users.
Strong Demographic & Daytime Population – Located within a 5-mile radius of 266,620 residents, 186,329 employees, and average household income of $81,198, supporting sustained daily traffic.
Strategic Infill Location Near Major Retailers – Surrounded by national tenants including Popeyes, Taco Bell, Dollar Tree, CVS,and Purdue Polytechnic High School, driving consistent consumer draw.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
718 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.04
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
C-3 - Neighborhood Commercial
Parking
10 Spaces (13.93 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 49-10-05-165-018.000-101 | Improvements Assessment | $49,400 |
| Land Assessment | $37,000 | Total Assessment | $86,400 |
PROPERTY TAXES
Parcel Number
49-10-05-165-018.000-101
Land Assessment
$37,000
Improvements Assessment
$49,400
Total Assessment
$86,400
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