Jordan's Fish & Chicken - 6416 W Washington St

Indianapolis, IN 46241

• NNN Property
• Retail for Sale
• $936,591 CAD
• 2,400 SF

Indianapolis Retail for Sale - Speedway

Jordan’s Fish & Chicken is a net-leased restaurant that has operated at this location since 2020 and recently executed a new 10-year lease renewal. The lease includes a five percent rent increase effective January 1, 2027, followed by annual three percent rent escalations, supporting consistent NOI growth throughout the lease term. The property is strategically located near Indianapolis International Airport and just off Interstate 465 (160,941 vehicles per day), offering excellent regional accessibility and visibility. Additionally, the site benefits from frontage along Route 40/Washington Street (31,154 vehicles per day), further enhancing exposure to daily traffic. Surrounded by national retailers, schools, and a dense hotel corridor, the property enjoys strong consumer traffic. The site also features a drive-thru, enhancing operational flexibility and long-term appeal. The immediate trade area is supported by a strong base of both residents and employees, creating consistent demand and reinforcing the property’s long-term viability as a retail investment.

Contact:

Sharko | Weisenbeck | Mendoza Group

Property Subtype:

Restaurant

Date on Market:

2026-06-29

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927 N Emerson Ave

Greenwood, IN 46143

• NNN Property
• Industrial for Sale
• $14,004,800 CAD
• 125,480 SF

Greenwood Industrial for Sale

STRONG NONPROFIT “INVESTMENT-GRADE–EQUIVALENT” TENANT – Goodwill Industries of Central Indiana, Inc. is a leading regional affiliate of Goodwill Industries International, one of the most recognized nonprofit organizations in North America. The Goodwill network collectively operates over 3,300 locations across the U.S. and Canada generates over $7 Billion of Revenue. Goodwill’s mission-driven, donation-based model has demonstrated long-term stability and resilience across all economic cycles. INSTITUTIONAL QUALITY FACILITY– Built specifically for Goodwill in 2016, this +/-125,000 sq. ft. concrete facility sits on approximately 18 acres and features +/- 32’ clear heights and 15 dock-high doors, offering functionality consistent with modern institutional industrial assets. BELOW MARKET RENT / LOW VALUE BASIS ($78 PSF) - The in-place lease was executed in 2016 and has remained below current market levels, creating a highly attractive basis of approximately $78/SF for an institutional-quality asset with long-term upside potential. STRATEGIC INDIANAPOLIS LOCATION – Goodwill is located in Greenwood, a high-growth suburb of Indianapolis, one of the Midwest’s premier logistics and economic hubs. Positioned directly off Interstate 65 (connecting north to Chicago and south to Louisville), the site sits within a dense retail and industrial corridor adjacent to Costco, Walmart, and the Indy South Greenwood Airport. Goodwill is surrounded by several newly developed apartment communities, further enhancing the immediate consumer base. This specific industrial pocket is home to major users including Amazon, FedEx, and ULTA Beauty, supporting strong market fundamentals and continued growth.

Contact:

Matthews Real Estate Investment Services

Property Subtype:

Warehouse

Date on Market:

2026-06-02

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Shops on Meridian | 9-Yr WALT | 6.35% Cap - 201 S State Road 135

Greenwood, IN 46142

• NNN Property
• Retail for Sale
• $3,140,918 CAD
• 4,051 SF

Greenwood Retail for Sale

The Property benefits from exceptional underlying fundamentals. Average household incomes within a one-mile radius approach $104,000, and Greenwood ranks among Indiana’s fastest-growing cities, having expanded 80% since 2000 and growing faster than 87% of similarly-sized U.S. cities. Employment in Greenwood grew approximately 7% from 2023 to 2024, adding over 2,200 jobs. Within a 2.5-mile radius, more than $110 million in newly delivered and approved development is actively reshaping the trade area, anchored by the 90-acre Center Grove Park mixed-use PUD approved in December 2024, which will deliver 250 apartment units and up to 150,000 square feet of commercial space directly along SR 135. At the citywide level, over 1,625 single-family homes and 594 apartment units are currently under construction. Further reinforcing the corridor’s long-term trajectory, furthermore, traffic volumes projected to increase 70% by 2040. Greenwood sits just 15 minutes south of downtown Indianapolis, one of the Midwest’s most stable and fastest-growing metros with a population approaching 2.3 million. The region consistently ranks among the top U.S. metros for affordability, job growth, and quality of life, and Indiana was recently ranked the #1 state for business. With a 9.5-year WALT, rare 3.5% annual rent escalations, a signalized hard-corner location directly across from a dominant grocery anchor, and a synergistic franchise tenant mix backed by Greenwood’s robust demographic and development tailwinds, Shops on Meridian represents a compelling opportunity to acquire a durable, long-term income stream in one of the Midwest’s strongest suburban growth markets.

Contact:

Pegasus Investments

Property Subtype:

Freestanding

Date on Market:

2026-05-21

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Chick-fil-A - 2490 N Morton St

Franklin, IN 46131

• NNN Property
• Retail for Sale
• $4,263,690 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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Subway & Biggby Coffee | Dual-Tenant NNN - 718 N Us-31

Greenwood, IN 46142

• NNN Property
• Retail for Sale
• $4,031,125 CAD
• 2,709 SF

• Restaurant

Greenwood Retail for Sale

We are pleased to present a dual-tenant NNN retail investment featuring Subway and Biggby Coffee, strategically positioned along the high-traffic U. S. 31 corridor within the Indianapolis MSA. The property was remodeled in 2026 to create a modern, complementary food and beverage configuration totaling ±2,709 SF on ±1.12 acres. Both tenants operate under new 15-year NNN leases commencing at close of escrow, offering zero landlord responsibilities and scheduled 10% rent increases every five years. The asset also includes a leased parking lot generating $36,000 annually, providing additional income and future redevelopment potential upon lease expiration in 2034. With a price of $2,836,364, NOI of $156,000, and a 5.50% cap rate, the property delivers stable, diversified income backed by high-net-worth personal guarantees from both tenants.

Contact:

Marcus & Millichap

Property Subtype:

Fast Food

Date on Market:

2026-05-05

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1276 US Hwy 31 N

Greenwood, IN 46142

• NNN Property
• Retail for Sale
• $3,546,857 CAD
• 22,072 SF

• Air Conditioning
• Wheelchair Accessible
• Smoke Detector

Greenwood Retail for Sale

Freestanding building occupied by Office Depot in the primary retail trade area of Greenwood. The property offers excellent visibility along US 31, with traffic counts exceeding 36,000 VPD, and is strategically located directly across from Greenwood Park Mall (Simon-owned).

Contact:

Kin Properties, Inc.

Property Subtype:

Storefront

Date on Market:

2026-04-02

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8758 Crawfordsville Rd

Indianapolis, IN 46234

• NNN Property
• Retail for Sale
• $1,243,576 CAD
• 5,870 SF

Indianapolis Retail for Sale - Speedway

This freestanding building is ready for redevelopment. Excellent opportunity for an owner-user tenant to customize space.

Contact:

Keller Properties Inc.

Property Subtype:

Freestanding

Date on Market:

2025-12-07

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Blue Fox HVAC - 1412 W Kirkwood Ave

Bloomington, IN 47404

• NNN Property
• Industrial for Sale
• $852,738 CAD
• 5,290 SF

• Air Conditioning
• 24 Hour Access

Bloomington Industrial for Sale

The Marquis Group of KW Commercial Lafayette is pleased to present this NNN investment opportunity. The seller is looking to sell and lease back the property at $4,500/mo+NNN with a lease back after closing. The seller operates a regional HVAC company in Indiana. This building could be purchased with another property in Kokomo located at 4602 W 100 N, Kokomo, IN 46901.

Contact:

KW Commercial Lafayette

Date on Market:

2025-11-17

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