Commercial Real Estate in Monrovia available for sale
Monrovia NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Monrovia, IN, USA

More details for 5613 W 38th St, Indianapolis, IN - Retail for Sale

Jack in the Box | 11+ Years Remaining - 5613 W 38th St

Indianapolis, IN 46224

  • NNN Property
  • Retail for Sale
  • $3,867,348 CAD
  • 2,750 SF
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More details for 954 E Main St, Greenwood, IN - Retail for Sale

Arby's - 954 E Main St

Greenwood, IN 46143

  • NNN Property
  • Retail for Sale
  • $1,460,541 CAD
  • 3,074 SF

Greenwood Retail for Sale

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Arby’s property located in Greenwood, Indiana, within the Indianapolis MSA. The property is operated by Turbo Restaurants, a subsidiary of Sun Holdings, one of the largest multi-brand franchise operators in the United States with more than 1,800 locations across 27 states. Turbo Restaurants acquired the location from the previous franchisee in 2021, who had successfully operated the restaurant at the site since 1990. In 2016, a 15-year lease extension was executed through 2031, demonstrating long-term commitment to the property. The lease is absolute triple net presenting no landlord responsibilities. Additionally, there are 6.5% rental escalations throughout the extended term and four 5-year renewal options. The next scheduled increase occurs in December 2026. The 3,074 square-foot building is positioned near the signalized intersection of East Main Street and Emerson Avenue, which sees a combined traffic count of 45,000 vehicles per day. The property is also located just one-half mile west of Interstate 65, a major corridor with 98,000 vehicles per day providing direct access to downtown Indianapolis. Arby’s benefits from its proximity to nationally recognized retailers including Sam’s Club, Camping World, Starbucks, McDonald’s, Circle K, and Waffle House. Additionally, the trade area receives a significant daytime population boost from the extensive industrial presence east of I-65, with major employers such as Amazon, FedEx, Milwaukee Tools, Würth, Dayton Freight, Amcor, Nestlé, Toyota, and Bimbo Bakeries. More than 159,000 residents live within a five-mile radius, with average household incomes exceeding $109,000. Arby’s is an American fast-food restaurant chain founded in 1964 by brothers Forrest and Leroy Raffel in Boardman, Ohio, as an alternative to hamburger-focused competitors, specializing in roast beef sandwiches. The name “Arby’s” derives from the initials “R.B.” for Raffel Brothers. Now part of Inspire Brands—a multi-brand restaurant company owned by Roark Capital Group and headquartered in Atlanta, Georgia—Arby’s operates more than 3,600 locations worldwide, emphasizing its “We Have the Meats” slogan and a menu featuring high-quality proteins, deli-style options, and drive-thru convenience.

Contact:

The Boulder Group

Property Subtype:

Fast Food

Date on Market:

2026-01-07

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More details for 7154 S Northfield Dr, Brownsburg, IN - Retail for Sale

The Learning Experience - 7154 S Northfield Dr

Brownsburg, IN 46112

  • NNN Property
  • Retail for Sale
  • $6,857,000 CAD
  • 10,000 SF
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More details for 7345 E Washington St, Indianapolis, IN - Retail for Sale

Applebee's - 7345 E Washington St

Indianapolis, IN 46219

  • NNN Property
  • Retail for Sale
  • $5,558,284 CAD
  • 5,230 SF
  • Restaurant

Indianapolis Retail for Sale - Lawrence/East County

The Snyder Carlton National Net Lease Team is pleased to offer investors an opportunity to acquire the single-tenant, absolute NNN-leased Applebee’s in Indianapolis, IN, operated by Flynn Group and guaranteed by Apple American Group LLC. Apple American, the largest Applebee’s franchisee in the system, operates over 460 Applebee’s locations across 25 states and employs over 26,500 team members. Apple American Group is a subsidiary of Flynn Group, the third-largest restaurant operator in the United States, with over $5 billion in sales. Flynn Group operates Applebee’s, Arby’s, Taco Bell, Panera, Pizza Hut, Wendy’s, Planet Fitness, and 7 Brew with over 2,900 store units in 44 states and 3 countries. The tenant recently exercised an option early to extend the lease term to approximately 5.9 lease years. There are 7.5% rent increases every 5 years, with the next rent increase scheduled for October 2026. The store is ranked in the top 25% in the nation and top 17% in the state, with consistent sales growth over the last 5 years. The 5,230 SF casual dining restaurant is situated on a 1.34-acre parcel along E Washington Street (24,800 VPD) and is within half a mile from Interstate 465, which sees over 133,100 VPD. Nearby retailers include Kroger, ALDI, Chase Bank, Dollar General, Jiffy Lube, Firestone, Texas Roadhouse, Olive Garden, Taco Bell, Arby’s, and Steak ‘n Shake. The trade area is densely populated with over 210,600 residents within a 5-mile radius and an average household income of over $78,800 within a 1-mile radius.

Contact:

Colliers

Property Subtype:

Restaurant

Date on Market:

2025-11-17

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More details for 1412 W Kirkwood Ave, Bloomington, IN - Industrial for Sale

Blue Fox HVAC - 1412 W Kirkwood Ave

Bloomington, IN 47404

  • NNN Property
  • Industrial for Sale
  • $959,980 CAD
  • 5,290 SF
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