Commercial Real Estate in Indiana available for sale
1031 Exchange Properties For Sale

1031 Exchange Properties for Sale in Indiana, USA

More details for 2505 E 10th St, Anderson, IN - Multifamily for Sale

The Mint Apartments - 2505 E 10th St

Anderson, IN 46012

  • 1031 Exchange Property
  • Multifamily for Sale
  • $4,410,873 CAD
  • 35,824 SF
  • Air Conditioning
  • Kitchen

Anderson Multifamily for Sale - Anderson/Madison Cnty

Investors alike are welcomed to the opportunity to acquire a 36-unit, fully occupied apartment building in the heart of Anderson, Indiana, that generates stable cash flow and long-term ROI. The Mint Apartments offer nine one-bedroom/one-bathroom units averaging 784 square feet, and 27 two-bedroom/one-bathroom units averaging 852 square feet. The garden-style complex features an on-site laundry facility, a grassy courtyard, over 40 paved parking spaces, a pet play area, and a picnic area. The complex has three shopping centers within 0.8 miles, which is about a 15-minute walk. The closest park, Mounds State Park, is 3.6 miles (8 minutes) away, and St. Vincent Anderson Regional Hospital is 3.4 miles away and is convenient to other hospitals, including Community Hospital of Anderson and Madison County. The Mint Apartment’s 10-mile demographics indicate there are over 44,600 households in the 10-mile radius, expected to increase by 0.6% by 2030. Average household incomes are just shy of $80,000, and each year the realm generates more than $1.2 billion in consumer spending power. Approximately 34% of households are renter-occupied, and 36% are one- and two-person occupied, signifying demand for small rental units in the immediate area. Don’t miss the opportunity to acquire this stabilized housing asset with recent renovations, providing streamlined rental income.

Contact:

Arthur Drozd

Property Subtype:

Apartment

Date on Market:

2026-07-24
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More details for 3913 N Keystone Ave, Indianapolis, IN - Office for Sale

3913 N Keystone Ave

Indianapolis, IN 46205

  • 1031 Exchange Property
  • Office for Sale
  • $620,667 CAD
  • 1,900 SF
  • Air Conditioning
  • Reception

Indianapolis Office for Sale - Uptown

Executive Summary Position your business for success with this versatile commercial property located on highly visible Keystone Avenue in Indianapolis. This 1,715-square-foot commercial building sits on approximately 0.56 acres and offers a secure, fully fenced site with C-3 zoning, making it suitable for a wide variety of commercial uses. The building features a welcoming reception area, three private offices, a spacious open work area, and two multi-stall restrooms. The flexible floor plan can easily accommodate professional offices, medical users, staffing agencies, contractors, nonprofit organizations, educational uses, and many other commercial operations. The property is fully enclosed with a six-foot security fence, barbed wire, and a security gate, creating an ideal environment for businesses requiring secure parking, fleet vehicles, equipment storage, or controlled access. Located along one of Indianapolis' major commercial corridors, the property offers excellent visibility, convenient access to downtown, and quick connections to I-65 and I-70. Whether you're searching for an owner-user property, an investment opportunity, or a site with future redevelopment potential, this property offers flexibility that is increasingly difficult to find.

Contact:

No Limit Real Estate

Date on Market:

2026-08-03
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More details for 2455 E Main St, Plainfield, IN - Office for Sale

Heartland Dental - Plainfield, IN - 2455 E Main St

Plainfield, IN 46168

  • 1031 Exchange Property
  • Office for Sale
  • $4,043,990 CAD
  • 6,678 SF

Plainfield Office for Sale - Hendricks County

Atlantic Capital Partners has been exclusively retained to offer for sale 2455 East Main Street in Plainfield, Indiana, a 100% leased multi-tenant outpatient medical asset occupied by Heartland Dental and IU Health Urgent Care. The property provides investors with diversified cash flow from two established healthcare operators while benefiting from the long-term stability and defensive characteristics of the outpatient medical sector. Constructed in 2016 as a purpose-built medical facility, the property is strategically positioned along East Main Street (US-40), one of Plainfield’s primary commercial corridors. Located adjacent to Walmart Supercenter within Plainfield Crossing, the asset enjoys exceptional visibility, exposure to more than 32,000 vehicles per day, and convenient access to Interstate 70, Indianapolis International Airport, and the greater Indianapolis metropolitan area. Plainfield continues to rank among the fastest-growing communities in Central Indiana, supported by strong population growth, above-average household incomes, and one of the nation’s premier logistics and distribution hubs. Combined with a high-quality healthcare tenancy, diversified rent stream, and excellent regional accessibility, the property offers investors the opportunity to acquire a well-located medical investment in one of the Indianapolis MSA’s strongest suburban markets.

Contact:

Atlantic Capital Partners

Property Subtype:

Medical

Date on Market:

2026-07-23
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More details for 1900 S Anderson St, Elwood, IN - Retail for Sale

Elwood Plaza - 1900 S Anderson St

Elwood, IN 46036

  • 1031 Exchange Property
  • Retail for Sale
  • $5,203,948 CAD
  • 27,700 SF

Elwood Retail for Sale - Anderson/Madison Cnty

Dollar General Market is a supermarket prototype that is double the size of a typical DG Market, serving regional hub communities as a traditional full-service grocery store and Dollar General store. Subject Dollar General Market is a build-to-suit for DG constructed in 2005. There are only three other supermarket prototype Dollar General Market stores located in Indiana, and the Elwood store ranks as the #1 performing store in the state and top 90% in the country according to Placer.ai. Prior to the commencement of Dollar General’s second renewal option period, DG proposed a 10-year renewal. In addition, DG also installed a brand new HVAC system at its own expense in 2026. These are clear signals that subject store is a high-performing asset to DG and its long-term commitment to this site. Elwood sits in the heart of Madison County, which is part of the Indy-Carmel-Anderson MSA, 20-30 miles northeast of Noblesville and Indy, a major growth engine in tech and logistics sectors. This positioning gives the city exceptional access to major metropolitan markets while maintaining the advantages of a smaller community. Elwood’s greatest asset is its strategic position within Indiana’s industrial corridor, and the city’s major employers are over 84-year-old manufacturers whose products and operations align closely with the region's well-established logistics industry. Investment highlights - 10 Year NN commenced February 1, 2026 | 4, 5-Year Option Periods - Dollar General initiated negotiations to extend its 2nd renewal option to 10 years and installed a new HVAC system in 2026 at its own expense, clearly signalling that subject store is a high-performing asset and supporting DG’s long-term commitment to this site. - No. 1-ranked Dollar General store in the state of Indiana and top 90% in the country according to Placer.ai. - Strip Center adjacent to DG Supermarket is 100% occupied and owned by a local resident. It was gut-renovated into a brand new gym, Power Barn - House of Payne, opened in 2019 and popular with locals. - A $25M development housing project at the golf course, less than one mile South from subject property (three-minute drive), will bring a mix of multi-family, single-family homes, owner-occupied units, and senior living to Elwood and even higher foot traffic to the Dollar General Market. Phase I was so successful that Phase II is already being discussed. - Elwood, Indiana is located in Madison County, which is part of the fastest-growing Indy-Carmel-Anderson MSA. 12 miles north of Noblesville and Indy, a major growth engine in tech and logistics sectors. Elwood's workforce is anchored by 80+ year old legacy manufacturers whose products and operations align closely with the region's well-established logistics industry. Investment Grade Dollar General Corporate Guarantee NYSE: DG; S&P rating ‘BBB’

Contact:

Kelco Investments

Property Subtype:

Drug Store

Date on Market:

2026-07-21
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More details for 9940 Pendleton Pike, Indianapolis, IN - Retail for Sale

Lawrence Commons - 9940 Pendleton Pike

Indianapolis, IN 46236

  • 1031 Exchange Property
  • Retail for Sale
  • $3,383,900 CAD
  • 4,844 SF
  • Air Conditioning

Indianapolis Retail for Sale - Lawrence/East County

Market Retail Partners is pleased to offer for sale a two-tenant investment opportunity with Aspen Dental and Smoothie King featuring a drive-thru. Aspen Dental and Smoothie King operate on triple-net (NNN) leases. Aspen Dental has successfully operated at this site for over 15 years and recently executed a new 10-year lease at the end of their initial term, showcasing their success at and commitment to this location. Founded in 1998, Aspen Dental is the largest branded dental organization in the world with more than 1,100 independent offices across ±47 states. Founded in 1973, Smoothie King focuses on health, fitness, and wellness-oriented beverages. The brand operates more than 1,300 locations worldwide and continues to be one of the fastest-growing health-focused quick-service restaurant concepts in the United States. The subject property is a 100% occupied 4,852 square foot two-tenant building leased to two national tenants. Both Aspen Dental and Smoothie King are on long term leases that benefit from rental increases during their primary terms as well as in each option. Aspen Dental has approximately 9 years remaining on a 10-year lease with two, 5-year renewal options. Smoothie King has approximately 2 years remaining on a 10-year initial term with an additional three, 3-year renewal options. This property is situated on a highly visible corner at the signalized intersection of Pendleton Pike (U.S. 36) and N. Mitthoefer Rd. which has over 29,000 vehicles passing daily. Prominently located outparcel to new construction LA Fitness anchored retail development on primary northeast Indianapolis commercial corridor. Strong traffic generators in the immediate area include the National Guard & Armory, Ivy Tech Community College, YMCA, Triton Brewing Company, Monarch Beverage Company, The Schneider Corporation, Social Security Administration, and the Department of Dense’s DFAS.

Contact:

Market Retail Partners LLC

Property Subtype:

Freestanding

Date on Market:

2026-06-08
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More details for 25 Old Farm Rd, Bedford, IN - Retail for Sale

Dollar General - 25 Old Farm Rd

Bedford, IN 47421

  • 1031 Exchange Property
  • Retail for Sale
  • $1,650,185 CAD
  • 8,070 SF
  • Air Conditioning

Bedford Retail for Sale

Single-tenant net-leased Dollar General investment opportunity located in Bedford, Indiana. Long-term lease in place with established national retailer offering stable and predictable cash flow. Passive investment opportunity with minimal landlord responsibilities. Strong visibility and established retail presence within the community. Ideal for 1031 exchange or passive investment buyers seeking durable income and long-term stability.

Contact:

KW Commercial

Date on Market:

2026-05-15
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More details for 2490 N Morton St, Franklin, IN - Retail for Sale

Chick-fil-A - 2490 N Morton St

Franklin, IN 46131

  • 1031 Exchange Property
  • Retail for Sale
  • $4,137,780 CAD
  • 5,512 SF
  • Restaurant

Franklin Retail for Sale - Far South Johnson Cty

Lee & Associates is pleased to exclusively offer for sale a brand new Chick-fil-A ground lease located in Franklin, Indiana, within the rapidly expanding south Indianapolis corridor. The property consists of a newly constructed 5,512 square foot standalone quick-service restaurant situated on approximately 1.54 acres at the signalized hard corner intersection of N Morton Street and Commerce Drive. The site features Chick-fil-A’s next-generation double-stack drive-thru prototype with 61 parking spaces and a 345 square foot outdoor patio. Strategically positioned adjacent to a Meijer-anchored retail center and surrounded by national retailers including Walmart Supercenter, Lowe’s, Kroger, Kohl’s, Starbucks, Chipotle, Freddy’s, and McAlister’s Deli, the property benefits from exceptional visibility and strong consumer traffic exceeding 34,500 vehicles per day.

Contact:

Lee & Associates

Property Subtype:

Fast Food

Date on Market:

2026-05-12
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More details for 210 Meijer Dr, Lafayette, IN - Retail for Sale

26 Crossing Retail Center - 210 Meijer Dr

Lafayette, IN 47905

  • 1031 Exchange Property
  • Retail for Sale
  • $2,827,483 CAD
  • 14,543 SF

Lafayette Retail for Sale

This prime investment opportunity located on the east side of Lafayette, IN is fully leased with a nice mix of tenants which include medical, finance, retail and hospitality. The property has been well maintained and offers quick and easy access to SR 26 and I-65. Close proximity to Caterpillar, SIA, IU Health and much more. All leases are NNN and this property is showing a 6.5% Cap Rate at the asking price.

Contact:

Alan White Agency

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-05-08
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More details for 1205 Yellowstone Rd, Valparaiso, IN - Land for Sale

1205 Yellowstone Rd

Valparaiso, IN 46385

  • 1031 Exchange Property
  • Land for Sale
  • $2,751,624 CAD
  • 26.80 AC Lot

Valparaiso Land for Sale - Porter County

A rare 26.8-acre offering inside Valparaiso city limits, just two minutes from downtown. Scale, seclusion, and location of this kind seldom reach the market together. Annexed and zoned RU with a clear path to rezone for a PUD or single-family development, the parcel is equally suited to a private estate, a family compound, or a builder's next project. The sale includes a completed survey along with architectural house plans and a site plan, giving the next owner a meaningful head start. Gently rolling terrain, five acres of mature woods, established trails, and a permanent buffer along the adjoining city-owned detention area round out one of the most versatile land holdings in the area. The property is offered as-is and the sale is structured as a 1031 exchange for the seller, so offers should be positioned for a clean, timely close.

Contact:

EJC Property Group

Property Subtype:

Commercial

Date on Market:

2026-05-05
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More details for 9404 Margo Ln, Munster, IN - Office for Sale

Providence Addition - 9404 Margo Ln

Munster, IN 46321

  • 1031 Exchange Property
  • Office for Sale
  • $4,413,632 CAD
  • 14,534 SF
  • Air Conditioning
  • 24 Hour Access
  • Fitness Center
  • Reception
  • Wheelchair Accessible

Munster Office for Sale - Indiana

For Sale. Premium office or medical space in Munster's Business Corridor. Located just 0.3 miles from the Indiana/Illinois border and 8 miles southeast of Chicago. The main office and shipping warehouse includes 11 private executive offices, and 50 additional workspaces. This is truly a turn-key opportunity for your business, complete with all furnishings, desks, chairs, cabinetry, and workstations. There is a 13,382 s.f. office building and an additional 48' x 24' (4 car) garage for an additional 1,152 Sq. Ft. of storage for a total of 14,534 square feet. The present building takes up only half of the usable lot, so there's room to build in the future. This building is top notch, with an impressive reception and waiting area. Conduct your board meetings and education events in the conference room which comfortably sits 16 people. Outside the conference room is a modern break area. Visiting guests can conduct business on the go with sitting areas and charging stations. The perimeter of the building is lined with 11 private executive offices that are built to impress. The office work space is wide open with a modern decor, and acoustical ceiling clouds for a productive atmosphere. The open work area features over 50 workstations and a copy room. There are multiple restrooms, and an additional employee break room, complete with a full kitchen. Behind the offices, there is a shipping and warehouse area. The exterior parking lot provides 63 parking spaces and 4 garage spaces. This building was built in 2017 with modern infrastructure. Located adjacent to 45th Street and Margo Lane (the entrance to West Lakes subdivision) which is only minutes from three area hospitals. The new South Shore commuter train is nearly complete. This ideal business location is only 3 miles to the Dyer South Shore Commuter Train Station less than 3 miles from the new Munster South Shore Train station. The Lansing, IL Municipal Airport is just 1 mile away.

Contact:

Bill Port - Realty Executives Commercial

Date on Market:

2026-01-16
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More details for 100 Anchor Rd, Michigan City, IN - Industrial for Sale

100 Anchor Rd

Michigan City, IN 46360

  • 1031 Exchange Property
  • Industrial for Sale
  • $4,137,780 CAD
  • 63,500 SF
  • Air Conditioning
  • 24 Hour Access

Michigan City Industrial for Sale

100 Anchor Road is a 60,500 square foot multi-tenant industrial/flex facility located in Michigan City, Indiana. This exceptionally well-positioned property offers a rare combination of heavy infrastructure, flexible layout, and strong access to regional transportation corridors, making it ideal for manufacturing, warehousing, logistics, and service-based operations. With four dock-height loading doors, three drive in doors, full building sprinkler coverage, high capacity electrical (1,600A/480V/3P), and one 1-ton bridge crane, the facility is well-equipped for production or material-handling use. The building includes clear-span warehouse sections, high ceilings, and professionally built-out office space. The site also offers 103 striped parking spaces and generous truck circulation areas, ensuring operational efficiency and workforce accessibility. Ancillary out building for storage measuring 42' x 48' with 12' x 10' OHD with electric power. 100 Anchor Road is particularly well-suited for a **single-tenant buyer** seeking to **relocate or expand operations**. Businesses based in **Illinois looking to reduce tax burden, regulatory pressure, and overhead costs** will find this Indiana location especially attractive. Michigan City offers a pro-business environment, low corporate taxes, and ready access to I-94, US-12, and the South Shore rail line, placing this property within an hour of downtown Chicago but without the Illinois business climate challenges. The property is within Michigan City’s consolidated Tax Increment Financing (TIF) district, which may provide opportunities for infrastructure-related reimbursement in redevelopment or expansion scenarios. Tax abatements may be available based on the buyer’s proposed use, investment level, and job creation. Local incentives may include 10-year phased-in abatements for both real property and personal property (equipment) taxes. These are negotiated directly with Michigan City, LaPorte County and the State of Indiana based on business impact. State-level incentives through the Indiana Economic Development Corporation (IEDC) may also apply. These include: * Economic Development for a Growing Economy (EDGE): A refundable payroll tax credit for companies creating net new Indiana jobs and considering out-of-state locations. * Hoosier Business Investment Tax Credit (HBITC): A tax credit tied to eligible capital investment amounts. * Industrial Recovery Tax Credit: For buildings requiring significant rehabilitation, providing a credit on qualified renovation expenses after designation as a recovery site. * Skills Enhancement Fund (SEF): Reimbursement for employee training expenses over a two-year term. * Industrial Development Grant Fund (IDGF): Infrastructure-related assistance to local governments tied to new facility development or expansion. * Research & Development Tax Credit: A 15% credit on the first \$1,000,000 of qualifying R\&D expenses—among the most competitive in the U.S. 100 Anchor Road offers the infrastructure, scalability, and location necessary for companies seeking long-term operational efficiency—whether expanding regionally or exiting the high-cost Illinois market. It’s a turnkey opportunity in a business-friendly state ready to support growth.

Contact:

McColly Bennett Commercial Advantage

Property Subtype:

Distribution

Date on Market:

2025-07-08
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More details for 1005 Main St, Palmyra, IN - Retail for Sale

Family Dollar - 1005 Main St

Palmyra, IN 47164

  • 1031 Exchange Property
  • Retail for Sale
  • $2,390,257 CAD
  • 10,500 SF

Palmyra Retail for Sale - Harrison County

Seller financing fixed at 5.50% for two years potentially available. Contact broker for more information. Transwestern National Net Lease | Sale Leaseback Group is pleased to present for sale a fee simple interest in a single tenant, Family Dollar located in Palmyra, Indiana. The building was built to suit in 2023 and consists of 10,500 square feet on 1.14 acres. Family Dollar’s lease commenced on 9/14/2023 and there are 8 years remaining on the primary term. The property sits on a high traffic street, with daily vehicle counts of 7,550. Located only 20 miles from downtown Louisville, KY, Palmyra has experienced steady population growth for a rural community, with easy access to a bustling major metropolitan area. With a cost of living 10% below the national average, the Louisville MSA has had an influx of new businesses and residents, growing their population to over 1.36M. Family Dollar was acquired in 2025 by Brigade Capital Management, Macellum Capital Management and Arkhouse Management who took the brand private as a standalone company again. Headquartered in Chesapeake, VA Family Dollar’s fiscal sales for 2023 exceeded $11 Billion and they currently operate more than 7,500 locations. Broker of Record Brad Teitelbaum Bellagio Real Estate Partners IN Lic#RB20001341

Contact:

Transwestern Real Estate Services

Property Subtype:

Convenience

Date on Market:

2025-02-12
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More details for 3290 Claremont Ave, Evansville, IN - Industrial for Sale

3290 Claremont Avenue - 3290 Claremont Ave

Evansville, IN 47712

  • 1031 Exchange Property
  • Industrial for Sale
  • $5,517,040 CAD
  • 35,000 SF

Evansville Industrial for Sale - Westside

This property has a long term tenant occupying, with no future renewals. Contact Melannie for details. Clean Open Warehouse, Three Phase Electrical, Sprinkled, (3) Offices, Breakroom, High-Bay Lighting, New TPO Roof in approx. 2009, (4) Truck Docks with Dock Levelers & Shelters and (3) Overhead Drive In Doors. Great Property! Located close to SABIC, Berry Plastics, Bristol Myers & Vectren.

Contact:

Melmar Properties

Property Subtype:

Manufacturing

Date on Market:

2015-11-18
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More details for 8241 US 31 S, Indianapolis, IN - Retail for Sale

T-Mobile Corp Freestanding - Auction Aug 19th - 8241 US 31 S

Indianapolis, IN 46227

  • 1031 Exchange Property
  • Retail for Sale
  • Price Upon Request
  • 3,299 SF

Indianapolis Retail for Sale - Edgewood/South County

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present this corporate-leased T-Mobile asset, being offered unpriced through an auction process scheduled for August 3rd through August 19th. The property offers investors durable in-place cash flow with current annual rent of $115,465 and a scheduled 5% rent increase in September 2027. The lease structure is double-net, providing for a passive ownership profile with limited landlord responsibilities. The tenant, T-Mobile USA, Inc., recently extended the lease for one additional year and retains a single One-year option, signaling continued operational commitment while simultaneously creating a compelling near-term repositioning or mark-to-market opportunity for a future owner. Strategically located along US Highway 31 South, the property benefits from excellent visibility and access, with traffic counts exceeding 37,000 vehicles per day. The site sits within a highly active retail corridor anchored by top national brands and supported by over 31 million annual visits within a 1.5-mile radius. Immediate proximity to major automotive dealerships further reinforces consistent daily traffic to the area. Originally a Sprint location, the property was fully renovated in 2022 at the tenant’s expense following the T-Mobile/Sprint merger, demonstrating continued investment in the site. Additionally, recent capital improvements, including HVAC upgrades, further enhance the asset’s condition. This offering combines strong corporate credit, proven site performance, and a dense infill retail location, making it well-suited for investors seeking stable income today with embedded upside through the upcoming lease rollover.

Contact:

Marcus & Millichap

Property Subtype:

Freestanding

Date on Market:

2025-10-09
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More details for 610 E 11th St, Rushville, IN - Office for Sale

610 E 11th St

Rushville, IN 46173

  • 1031 Exchange Property
  • Office for Sale
  • $172,407 CAD
  • 1,952 SF
  • Air Conditioning
  • Reception

Rushville Office for Sale

Versatile 1,952-square-foot commercial property located at 610 E 11th Street in Rushville. Formerly used as a dental office, the building offers a functional layout that can accommodate a variety of professional, medical, retail, or service-based businesses. The welcoming front office and reception area provide an ideal space for customer-facing operations, with additional rooms offering flexibility for offices, treatment areas, storage, or other business needs.

Contact:

The Yazel Group

Property Subtype:

Medical

Date on Market:

2026-04-02
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More details for 4520 Independence Sq – Retail for Sale, Indianapolis, IN

4520 Independence Sq

  • 1031 Exchange Property
  • Retail for Sale
  • $2,689,557 CAD
  • 9,326 SF
  • 2 Retail Properties

Indianapolis Portfolio of properties for Sale - Beech Grove/SE County

INVESTMENT OPPORTUNITY TKM Commercial is pleased to exclusively present the opportunity to acquire two purpose-built childcare facilities (4520 and 4545 Independence Square) strategically located within the Indianapolis Metropolitan Statistical Area. This offering provides investors with stable passive income through Absolute Triple Net (NNN) leases while offering investors long-term passive income from one of commercial real estate's most durable essential-service asset classes. The properties are leased to Blooming Independence, Inc., an experienced regional childcare operator with multiple locations throughout Indiana and Florida. Recently renewed long-term leases provide dependable cash flow with minimal landlord responsibilities, creating an attractive investment opportunity for private investors, family offices, and 1031 exchange buyers. In addition to strong in-place income, the portfolio presents an attractive long-term opportunity for value enhancement should ownership of the operating business transition in the future.

Contact:

TKM Commercial

Date on Market:

2026-07-10
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More details for 240 S Indiana Ave, Sellersburg, IN - Retail for Sale

Hardee's - 240 S Indiana Ave

Sellersburg, IN 47172

  • 1031 Exchange Property
  • Retail for Sale
  • $2,826,104 CAD
  • 1,828 SF

Sellersburg Retail for Sale - Outlying Clark County

Prime Interstate Access: Located at 240 S Indiana Ave, Sellersburg, IN, just 1,000 feet from I-65’s on/off ramp (87,446 AADT), this Hardee’s benefits from exceptional visibility and traffic flow. The site sits on a key retail corridor with 15,863 AADT on S Indiana Ave, connecting to a broader network of high-traffic roads like County Road 311 (25,637 AADT). Its proximity to Louisville, KY (11.8 miles), amplifies its reach to a major metropolitan market. Absolute NNN Lease: This 20-year lease with Hardee’s is fully absolute NNN, with the tenant responsible for all taxes, insurance, and maintenance, including roof, structure, and parking lot. The lease features 10% rent increases every 5 years, projecting significant income growth by year 20. This hands-off structure ensures a passive investment with no landlord obligations. Beneficial Proximity to Schools: Located minutes from 6 schools with a combined enrollment count of 5,700+ students: Ivy Tech Community College - Sellersburg Campus (approx. 1,900 students), Silver Creek High School (943 students), Silver Creek Middle School (760 students), Silver Creek Elementary School (899 students), Rock Creek Community Academy (661 students) and Silver Creek Primary School (550 students). Modern Construction: Built in 2022, this 1,828 SF Hardee’s on a 0.64-acre lot offers 20 parking spaces and a prominent pylon sign visible from I-65, maximizing customer access and visibility. The design aligns with Hardee’s focus on convenience, featuring a drive-thru and updated interior layout to handle high-traffic periods efficiently. Its recent construction minimizes near-term capital expenditures, boosting investor returns. Demographic Strength & Retail Synergy: The 5-mile radius boasts 41,530 adults, projected to grow to 44,168 by 2029, with a median household income of $86,506 (rising to $101,063). Within 1 mile, 3,714 adults and a $57,501 median income (projected $64,234 by 2029) provide a solid local customer base. This income growth and population density ensure sustained consumer spending power. Surrounded by residential areas and national QSRs like McDonald’s and Arby’s, the site leverages a competitive yet complementary retail environment. Its position near I-65 and local traffic drivers enhances footfall, with 92% of adults visiting fast-food restaurants in the last 6 months. The strong presence of nearby brands amplifies Hardee’s draw.

Contact:

Cushman & Wakefield

Property Subtype:

Fast Food

Date on Market:

2025-07-10
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