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1405 N Shadeland Ave
Indianapolis, IN 46219 East Gate

Price Upon Request

Restaurant For Sale  •  7,342 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 7,342 SF
  • Lot Size 2.45 AC
  • Building Class C
  • Year Built 1998
  • Tenancy Single
  • Zoning ZO01
40 Transit Score
57 Walk Score

Highlights

Very Rare Fee-Simple Ownership: Land & Building Ownership Allows for Depreciation Tax Benefits
Long-Term NNN Lease: Base Lease Term of 15 Years with Three, Five-Year Options to Renew & Zero Landlord Responsibilities
Attractive Rental Increases: 10% Rental Increases Every Five Years & in Option Periods
Corporate Guarantee: Brand-New Lease with Texas Roadhouse, Inc. (NASDAQ: TXRH)

Major Tenants

Tenant SF Occupied Lease End Date
Texas Roadhouse 7,342 SF 12/31/2039

Public Transportation

Commuter RailDriveWalkDistance
15 min - 8.0 mi
AirportDriveWalkDistance
Indianapolis International 37 min - 22.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes