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5613 W 38th St
Indianapolis, IN 46224 Eagledale

$2,820,000 USD

Fast Food For Sale  •  3,559 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,750 SF
• Lot Size 0.84 AC
• Building Class C
• Year Built 2001
• Cap Rate 5.32 %
• Tenancy Single
• Zoning ZO01

35 Transit Score

64 Walk Score

Highlights

Operated by one of the largest Jack in the Box franchisees (243 units) in the country along with other national QSR. Over 300 units across all brands

Strong performing store with an approx. 7% rent-to-sales ratio; sales are well above the Jack in the Box national average

Located in a dense retail thoroughfare with traffic counts approximately 68,500 per day (38th St & N. Kiel Ave)

Strong demographics with average household income of ±$59,000 in a 2- mile radius, ±$69,000 in a 5-mile radius, & ±86,000 in a 10-mile radius

Cap Rate:

5.32 %

Amenities

• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Indianapolis (Cardinal - Amtrak)	15 min	-	8.3 mi
Airport	Drive	Walk	Distance
Indianapolis International	27 min	-	14.3 mi

Parking Details

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