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Investment Highlights

  • Growing Affluent Indianapolis Submarket: Whitestown, Indiana continues to experience strong growth fueled by infrastructure improvements
  • Prime Positioning & Surrounding Retail : The subject property is strategically located along Whitestown Parkway, the area’s primary retail corridor
  • Strong Demographics & High Visibility: This opportunity sits as an outparcel to the busiest retail center in the city
  • Over 12+ Years of Remaining Lease | Low Rent Site: The property features over 12 years of remaining lease term, providing investors
  • Recent Construction | New Wendy’s Prototype: The property features a recently constructed Wendy’s built to the brand’s latest prototype

Executive Summary

Broker of Record
Kyle Matthews
License # RC52200195, RB17001213 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,566 SF
Building Class
B
Year Built
2018
Price
$2,000,000
Price Per SF
$779.42
Cap Rate
5.25%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.02 AC
Zoning
ZO01 - Refers to a specific land-use classification in a city's zoning code.
Parking
40 Spaces (15.59 Spaces per 1,000 SF Leased)
Frontage
101’ on Whitestown Pky

Amenities

  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Drive Thru
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Wendy's began in 1969 when Dave Thomas opened the first location in Columbus, Ohio. The chain became known for its square hamburger patties and signature Frosty desserts. Over time, Wendy's expanded internationally through franchising. Today, the restaurant operates thousands of locations worldwide while maintaining its focus on quick-service fast food. Wendy's continues building its global presence through both company-owned and franchised restaurant models.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Starbucks
Toyota
Centier Bank
Bank of America
Cracker Barrel Old Country Store
City Barbeque
Buffalo Wild Wings
Five Guys
Country Pride Restaurant
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Number
06-04-06-000-033.002-021
Land Assessment
$846,200
Improvements Assessment
$991,000
Total Assessment
$1,837,200
  • Listing ID: 40132724

  • Date on Market: 4/13/2026

  • Last Updated:

  • Address: 6120 Whitestown Pky, Whitestown, IN 46075

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