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Pizza Hut 4537 N Shadeland Ave

4,000 SF Retail Building Indianapolis, IN 46226 £744,703 (£186/SF) 7% Net Initial Yield

Investment Highlights

  • Long-Term, 10-Year Absolute Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • Franchisee Guarantee - Strong Franchisee Guarantee from Quality Huts (350+ Units)
  • Annual Rental Increases - 1.50% Annual Rental Increases

Executive Summary

NNN Pro is pleased to present the exclusive listing for a Pizza Hut located at
4537 N Shadeland Ave, Indianapolis, IN 46226. The site consists of roughly
4,000 rentable square feet of building space on an estimated 0.63-acre
parcel of land. This Pizza Hut is subject to a 10-year Triple Net (NNN) lease,
which commenced 4/1/2024. The current annual rent is $66,070 and has
scheduled increases of 1.50% Annually.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Retail
Building Size
4,000 SF
Building Class
C
Year Built
1973
Price
£744,703
Price Per SF
£186
Net Initial Yield
7%
NOI
£52,129
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Land Acres
0.63 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial - Commercial
Parking
12 Spaces
Frontage
112 ft on N Shadeland Ave

Amenities

  • Bus Route
  • Air Conditioning
1 of 1
4537 N Shadeland Ave, Indianapolis, IN - aerial map view

PROPERTY TAXES

Parcel Number 49-07-13-123-023.000-407 Improvements Assessment £69,116
Land Assessment £57,597 Total Assessment £126,713

PROPERTY TAXES

Parcel Number
49-07-13-123-023.000-407
Land Assessment
£57,597
Improvements Assessment
£69,116
Total Assessment
£126,713
(332) 345-4222

  • Listing ID: 32171035

  • Date on Market: 18/06/2024

  • Last Updated:

  • Address: 4537 N Shadeland Ave, Indianapolis, IN 46226

The Retail Property at 4537 N Shadeland Ave, Indianapolis, IN 46226 is currently available For Sale. Contact NNN Pro Group for more information.

Nearby Listings

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4537 N Shadeland Ave, Indianapolis, IN for sale Building Photo- Image 1 of 3
4537 N Shadeland Ave, Indianapolis, IN - Main
4537 N Shadeland Ave, Indianapolis, IN for sale Aerial- Image 2 of 3
4537 N Shadelamd Ave, Indianapolis, IN - Ariel

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© 2024 CoStar Group

Pizza Hut | 4537 N Shadeland Ave
(332) 345-4222 x

Pizza Hut | 4537 N Shadeland Ave

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Glen Kunofsky

(332) 345-4222

(332) 345-4222

Kyle Karsian

(332) 345-4271

(332) 345-4271

Patrick Finn

(332) 345-7297

(332) 345-7297

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