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EXECUTIVE SUMMARY
The subject property is a well-located QSR building just off the west side of 465 and 38th Street. The building was built in 1998 and is 3,895 square feet with a drive through. It offers visitors ample surface parking and easy access. The property offers excellent signage.
The property is located just off Interstate 465 (Indianapolis' main arterial loop) and West 38th Street. Traffic counts at this exit exceed 96,000 vehicles per day. National retailers at this exit include McDonald's, Starbucks, Cracker Barrel, VSA Fitness, Target, Tex Mex, TGIF's, IHOP, Home Depot, Taco Bell, BP, Chase Bank and Marathon. The subject site benefits from its close proximity to the world-famous Indianapolis Motor Speedway, which is home to the Indianapolis 500 and Brickyard 400. It is the highest capacity sports venue in the world.
The property is located just off Interstate 465 (Indianapolis' main arterial loop) and West 38th Street. Traffic counts at this exit exceed 96,000 vehicles per day. National retailers at this exit include McDonald's, Starbucks, Cracker Barrel, VSA Fitness, Target, Tex Mex, TGIF's, IHOP, Home Depot, Taco Bell, BP, Chase Bank and Marathon. The subject site benefits from its close proximity to the world-famous Indianapolis Motor Speedway, which is home to the Indianapolis 500 and Brickyard 400. It is the highest capacity sports venue in the world.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,859 SF
Building Class
C
Year Built
1998
Price
$1,695,000
Price Per SF
$439.23
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.13 AC
Zoning
ZO01 - Commercial
Parking
55 Spaces (14.25 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-05-14-129-012.000-600 | Improvements Assessment | $188,000 |
| Land Assessment | $347,900 | Total Assessment | $535,900 |
PROPERTY TAXES
Parcel Number
49-05-14-129-012.000-600
Land Assessment
$347,900
Improvements Assessment
$188,000
Total Assessment
$535,900
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Contact the Sale Advisor
Arby's | 3832 Eagle View Dr
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