Log In/Sign Up
Your email has been sent.
STNL- Jack in the Box 15 Year Sale Lease Back 5613 W 38th St 2,750 SF Retail Building Indianapolis, IN 46224 $3,856,717 CAD ($1,402.44 CAD/SF) 5.32% Cap Rate
Investment Highlights
- Operated by one of the largest Jack in the Box franchisees (243 units) in the country along with other national QSR. Over 300 units across all brands
- Located in a dense retail thoroughfare with traffic counts approximately 68,500 per day (38th St & N. Kiel Ave)
- Strong performing store with an approx. 7% rent-to-sales ratio; sales are well above the Jack in the Box national average
- Strong demographics with average household income of ±$59,000 in a 2- mile radius, ±$69,000 in a 5-mile radius, & ±86,000 in a 10-mile radius
Executive Summary
Kidder Mathews is pleased to present 5613
W 38th St, Indianapolis, IN 46224 for
sale. This investment opportunity is a free-
standing, single-tenant property with a drive-
thru currently leased to a Jack in-the-Box
franchisee in the heart of Indianapolis, IN.
W 38th St, Indianapolis, IN 46224 for
sale. This investment opportunity is a free-
standing, single-tenant property with a drive-
thru currently leased to a Jack in-the-Box
franchisee in the heart of Indianapolis, IN.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,750 SF
Building Class
C
Year Built
2001
Price
$3,856,717 CAD
Price Per SF
$1,402.44 CAD
Cap Rate
5.32%
NOI
$205,145 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.84 AC
Zoning
ZO01
Parking
55 Spaces (20 Spaces per 1,000 SF Leased)
Frontage
158’ on W 38th St
Amenities
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-05-24-101-030.000-901 | Improvements Assessment | $522,145 CAD |
| Land Assessment | $493,016 CAD | Total Assessment | $1,015,161 CAD |
Property Taxes
Parcel Number
49-05-24-101-030.000-901
Land Assessment
$493,016 CAD
Improvements Assessment
$522,145 CAD
Total Assessment
$1,015,161 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
STNL- Jack in the Box 15 Year Sale Lease Back | 5613 W 38th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.