For Sale
$2,226,000

0 Thompson RdIndianapolis, IN 46237

High-Yield Dunkin' in Indianapolis MSA

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fee-simple ownership of a 2,100 square foot Dunkin' located in Beech Grove, Indiana, within the Indianapolis MSA. The property, built in 2024, boasts a 100% occupancy rate with a new 15-year absolute NNN lease featuring 1.5% annual rent bumps. The franchisee tenant guarantees a strong, stable income stream, with zero landlord responsibilities. The $2,226,000 asking price translates to a compelling 5.75% cap rate and $1,060 per square foot. Situated on a 0.51-acre lot with 16 parking spaces, this drive-thru equipped Dunkin' enjoys excellent visibility along Thompson Road, benefiting from high daily traffic counts and proximity to major interstates (I-65 and I-465). The property is an outparcel to a 134,000+ square foot shopping center anchored by national retailers like Kroger, Walmart, and Lowe's, ensuring a robust customer base. The location is further supported by a dense residential population, including numerous nearby apartment complexes, contributing to a strong and consistent consumer base. The property is zoned C-4: Community Regional Commercial District and has APN 49-15-03-149-009.000-300. This is a truly passive investment opportunity with significant upside potential due to the built-in rent increases and the strength of the Dunkin' brand. The lease includes five 5-year renewal options, providing long-term security and predictable income growth.

Highlights

  • $2,226,000 asking price for a fee-simple Dunkin' retail property.
  • Absolute NNN lease with a franchisee tenant, offering zero landlord responsibilities.
  • New 15-year lease with 5 (5-year) options, including 1.5% annual rent increases.
  • 2,100 square foot building on a 0.51-acre lot with 16 parking spaces, built in 2024.
  • Located in Beech Grove, IN (Indianapolis MSA), with high visibility and strong traffic counts on Thompson Road, near I-65 and I-465.

Property Details for 0 Thompson Rd

Property type
Retail properties, Restaurants
Square Feet
2,100 SF
Year Built
2024
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.6944153
Longitude
-86.0911009
Thompson Rd, Indianapolis, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Thompson Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message