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Wendy’s 6120 Whitestown Pky 2,566 SF Retail Building Whitestown, IN 46075 $1,909,090 ($743.99/SF) 5.50% Cap Rate
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
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
$1,909,090
Price Per SF
$743.99
Cap Rate
5.50%
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
- -
- -
- -
Founded in 1969 by Dave Thomas in Columbus, Ohio, Wendy's began as a single hamburger restaurant and grew into a franchise-based quick-service chain. The company serves a menu centered on square hamburgers made with fresh beef, along with chicken sandwiches, salads, chili, baked potatoes, breakfast items, and the Frosty dessert. Wendy's operates through company-owned and franchised restaurants and uses a system that extends across a broad international footprint. The business remains focused on restaurant operations, menu development, and franchising as part of The Wendy's Company.
| 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
Property Taxes
| Parcel Number | 06-04-06-000-033.002-021 | Improvements Assessment | $991,000 |
| Land Assessment | $846,200 | Total Assessment | $1,837,200 |
Property Taxes
Parcel Number
06-04-06-000-033.002-021
Land Assessment
$846,200
Improvements Assessment
$991,000
Total Assessment
$1,837,200
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Wendy’s | 6120 Whitestown Pky