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444 E Thompson Rd
Indianapolis, IN 46227
Retail Property For Sale


Investment Highlights
- No Landlord Responsibilities: Absolute NNN lease structure with 1.50% annual increases
- Great Location: US-31 (ADT: 46,354) & Thompson Rd (ADT: 14,163)
- Retail Corridor: Starbucks, McDonald’s, Wendy’s, Arby’s, Kroger, etc...
- Parcel Size: 1.56 acres allows for various redevelopment opportunities
- Easy Access: Located at the corner of a signalized intersection
- Operating History: 20+ years of success at this location
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,349 SF
Building Class
C
Year Built
2006
Price
$3,136,150
Price Per SF
$1,335.10
Cap Rate
6%
NOI
$188,169
Tenancy
Single
Building Height
1 Story
Slab To Slab
15’
Building FAR
0.03
Lot Size
1.56 AC
Zoning
ZO01
Frontage
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 49-11-36-106-070.000-500 | Improvements Assessment | $244,100 |
| Land Assessment | $250,600 | Total Assessment | $494,700 |
Property Taxes
Parcel Number
49-11-36-106-070.000-500
Land Assessment
$250,600
Improvements Assessment
$244,100
Total Assessment
$494,700
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444 E Thompson Rd
