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2747 E 62nd St
Indianapolis, IN 46220 Glendale

$3,300,000 USD

Restaurant For Sale  •  6,085 SF

Property Details

• Property Type Restaurant
• Total Building Size 6,085 SF
• Lot Size 0.82 AC
• Building Class B
• Year Built 2013
• Tenancy Single
• Zoning ZO01

34 Transit Score

65 Walk Score

Highlights

Passive Investment Opportunity – ±3.75 years remaining on an initial 15 year ABS NNN lease with Buffalo Wild Wings (Operator: World Wide Wings LLC)

ABS NNN Lease with Zero Landlord Responsibilities – Tenant is responsible for maintaining roof, structure, and parking lot.

Developmental Growth – Massive new construction apartment complex across the street with 267 units, built in 2021.

Rare Annual Rental Increases – 1.65% rental increases annually.

Home to Butler University – Close proximity to Butler University, 5,000+ students, $1B+ Regional Economic Impact, #1 Regional Midwest University.

Growing Indianapolis Market – Indianapolis is the 16th most populated city in the United States. Ranked 4th City in U.S. for emerging hotspots in CRE.

Public Transportation

Commuter Rail	Drive	Walk	Distance
	19 min	-	9.5 mi
Airport	Drive	Walk	Distance
Indianapolis International	40 min	-	22.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	55
Type:	Surface
Included in Rent:	Yes