9340 Michigan Rd | Indianapolis, IN 46268
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9340 Michigan Rd
Indianapolis, IN 46268
Cracker Barrel's Ghost Kitchen · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Cracker Barrel’s First “Ghost Kitchen” Location – Elected to Test Concept at this Location due to “Strength of Local Market"
- Cracker Barrel’s Current Lease Expires April 2, 2022 | Landlord Garners Additional $12,000 Annually in Billboard Income from Outfront Medial LLC.
- Interstate 465 Beltway Exit Location | Positioned as the First Building off the I-465 Exit
- Ghost Kitchens Prepare Food for Off-Site Consumption – Allows Restaurants to Fulfill Delivery Orders without Extra Expense of Servers other Employees
- Located at One of the Highest Trafficked Corners in Indiana (129,588 VPD on I-465 & 50,491 VPD on Michigan Road)
- Costco, Walmart & Lowe’s Home Improvement down the Street | Major Economic & Traffic Drivers for the Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,144 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.16 AC
Zoning
C-4
Parking
125 Spaces (12.32 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 49-03-18-109-050.000-600 | Improvements Assessment | $867,000 |
| Land Assessment | $932,400 | Total Assessment | $1,799,400 |
PROPERTY TAXES
Parcel Number
49-03-18-109-050.000-600
Land Assessment
$932,400
Improvements Assessment
$867,000
Total Assessment
$1,799,400
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