1405 N Shadeland Ave | Indianapolis, IN 46219
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1405 N Shadeland Ave
Indianapolis, IN 46219
Texas RoadHouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Land & Building Ownership Allows for Depreciation Tax Benefits
- 10% Rental Increases Every Five Years & in Option Periods
- Brand-New Lease with Texas Roadhouse, Inc. (NASDAQ: TXRH)
- Base Lease Term of 15 Years with Three, Five-Year Options to Renew & Zero Landlord Responsibilities
- 5-Mile Population of +/-230,000 and 5-Mile Consumer Spending Approximately $2.2 Billion
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Property Size
7,342 sq ft
Costar Property Class
C
Year Built
1998
Tenancy
Single
Number of Floors
1
Plot ratio
0.07
Total Plot Size
2.45 ac
Use Class
ZO01
PROPERTY TAXES
| Parcel Number | 49-07-36-118-025.000-700 | Improvements Assessment | £499,991 |
| Land Assessment | £267,759 | Total Assessment | £767,750 |
PROPERTY TAXES
Parcel Number
49-07-36-118-025.000-700
Land Assessment
£267,759
Improvements Assessment
£499,991
Total Assessment
£767,750
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