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Taco Bell | Greenwood, IN 1129 E Main St 2,080 SF Retail Building Greenwood, IN 46143 $4,271,812 CAD ($2,053.76 CAD/SF) 5.75% Cap Rate
Investment Highlights
- No Landlord Responsibilities: Absolute NNN lease structure
- Great Location: On Main St (ADT: 29,434), just East of S Emerson Ave (ADT: 20,433) and West of I-65 (ADT: 114,224)
- Operating History: 19+ years of success at this location
- Rental Increases: 1.50% annual increases
- Retail Corridor: Franciscan Health, Sam’s Club, Walmart Supercenter, Starbucks, McDonald’s, Jimmy John’s, Wendy’s, Arby’s, Denny’s, Papa Johns, etc.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,080 SF
Building Class
C
Year Built/Renovated
1997/2005
Price
$4,271,812 CAD
Price Per SF
$2,053.76 CAD
Cap Rate
5.75%
NOI
$245,629 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.49 AC
Parking
30 Spaces
Frontage
127’ on E Main St
Amenities
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-02-34-032-015.002-025 | Improvements Assessment | $494,739 CAD |
| Land Assessment | $609,384 CAD | Total Assessment | $1,104,123 CAD |
Property Taxes
Parcel Number
41-02-34-032-015.002-025
Land Assessment
$609,384 CAD
Improvements Assessment
$494,739 CAD
Total Assessment
$1,104,123 CAD
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Taco Bell | Greenwood, IN | 1129 E Main St
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