Indianapolis, IN Drive Through Restaurants for Sale

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Updated: May 27

Restaurant Building with Monument Sign

5527 N Keystone Avenue, Indianapolis, IN 46220

$685,000

0.30 AC lot

Restaurant‑configured property at 5527 N Keystone Avenue, Indianapolis, IN 46220
Approximately 0.3 acres with dedicated parking and signalized access
New roof and parking lot completed in 2023
New RTU installed in 2024; interior buildout completed in 2023
New dumpster enclosure added in 2025

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Updated: May 14

QSR Drive-Through Restaurant Building

3832 Eagle View Dr, Indianapolis, IN 46254

$1,695,000

3,895 sqft

3,895‑sf QSR building built in 1998 with a drive‑through
Located just off Interstate 465 and West 38th Street
Exit traffic counts exceed 96,000 vehicles per day
Ample surface parking for visitors
Excellent signage on the property

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Drive-Through Restaurant with Corporate Lease

8616 U.S. 31 South, Indianapolis, IN 46227

Contact for pricing

3,875 sqft 1.10 AC lot

The newly built restaurant operates under a long-term corporate lease with renewal options.

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Drive-Through Restaurant Building

6010 W 86 St, Indianapolis, IN 46278

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3,314 sqft 1.17 AC lot

Restaurant property with an existing drive-through and patio.

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Wendy’s NNN Ground Lease Property

5055 West Washington Street, Indianapolis, IN 46241

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2,995 sqft

Absolute NNN ground lease property associated with Wendy’s and positioned within a Kroger shadow setting.

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Freestanding Drive-Through Restaurant

5749 N Michigan Rd, Indianapolis, IN 46228

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1,451 sqft 0.42 AC lot

Former quick-service restaurant with dedicated drive-through access, on-site parking, and frontage along a high-traffic retail corridor.

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7 Brew Double Drive-Thru NNN Property

8650 Michigan Road, Indianapolis, IN 46268

Contact for pricing

760 sqft

Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.

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Taco Bell NNN Property

951 INDIANA AVE, Indianapolis, IN 46202

Contact for pricing

2,398 sqft

Absolute NNN structure with scheduled 1.50% annual increases in downtown Indianapolis.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Drive-Through Restaurant Building

4711 E National Rd, Richmond, IN 47374

$1,195,000

4,056 sqft

Freestanding restaurant building with a functional drive-thru lane and fully equipped commercial kitchen infrastructure for immediate use.

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Freestanding Drive-Through Restaurant

4711 E National Road, Richmond, IN 47374

$1,195,000

0.11 AC lot

Existing restaurant improvements include commercial kitchen infrastructure, a drive-through lane, central air, and tiled flooring.

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Checkers and Rally's Portfolio

129 S 3rd St, Terre Haute, IN 47807

Contact for pricing

5,272 sqft

Seven quick service restaurant locations across Indiana.

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Established Restaurant on Highway Route

3425 S 6th St, Terre Haute, IN 47802

Contact for pricing

2,800 sqft

Regional franchise restaurant with high visibility and accessibility.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land

1401 S Meridian Street, Indianapolis, IN 46225

$72,900

0.12 AC lot

Level corner parcel with frontage on two city streets and utilities already in place.

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Planned Business Commercial Land

4844 Conner Street, Noblesville, IN 46060

$1,799,000

2.20 AC lot

PB-zoned parcel positioned along the SR 38 and SR 32 corridor.

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Off-Market Properties in Indianapolis, IN

Consider similar Off-Market properties in Indianapolis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

DRIVE-THRU RESTAURANT, FAST FOOD

7670 96th St, Indianapolis, IN 46256

Estimated value:

$300,000

2,802 sqft 0.75 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

7680 96th St, Indianapolis, IN 46256

Estimated value:

$290,000

2,364 sqft 0.98 AC lot

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Indianapolis, IN Drive Through Restaurants Market Trends and Statistics

Explore 10 drive through restaurants for sale in Indianapolis, IN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 18,688 square feet of properties for sale, with an estimated market value of $2,380,000.

Sale prices for drive-thru businesses in Indianapolis, IN start at $685,000, averaging $1,190,000, and reaching up to $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46220	$685K
46254	$1.7M

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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