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Remodeled Burger King Drive-Through
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11741 Pendleton Pike, Indianapolis, IN 46236

Recently remodeled restaurant at a signalized intersection with national retail neighbors.

Property SizeContact for details
Days on Market142

Property Features for 11741 Pendleton Pike

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Tenancy Single
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #FL - CQ1059597
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 10:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc

Investment Insights

Based on property information with market context.

This recently remodeled Burger King in Indianapolis operates under an absolute NNN lease, with no landlord responsibilities. The lease was extended to a new 15-year term and provides 10% rent increases every five years, followed by three additional five-year renewal options.

The property occupies the signalized corner of Pendleton Pike and Oaklandon Road, generating reported traffic volumes of 27,381 VPD and 9,745 VPD, respectively. The address is 11741 Pendleton Pike, Indianapolis, IN 46236. Nearby national retailers include Dollar Tree, CVS, Advance Auto Parts, Ace Hardware, Family Dollar, Anytime Fitness, and Taco Bell. Veterans Memorial Park directly adjoins the property, while Lawrence Central High School and Fall Creek Valley Middle School contribute additional surrounding activity.

Key Highlights

  • Recently remodeled Burger King at 11741 Pendleton Pike, Indianapolis, IN 46236
  • Absolute NNN lease with zero landlord responsibilities
  • New 15‑year lease term with 10% rental increases every five years

Property Analytics

Current Use

Burger King Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Big Box & Wholesale Store Auto Parts Store Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

Demographics for 46236, IN

27,627
Population
10,168
Households
2.7
Avg Household Size
41
Median Age
53%
College-Educated
95%
High-School Grad
10.5 sq mi
ZIP Area
2,631
Density / Sq Mi
$117,530
Median Household Income
$54,347
Median Earnings
$1,750
Median Rent
$281,800
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Recently remodeled restaurant at a signalized intersection with national retail neighbors.
Where is this drive through restaurant located?
The property is located at 11741 Pendleton Pike Indianapolis, IN.
What are key features of this property?
This property features: Recently remodeled Burger King at 11741 Pendleton Pike, Indianapolis, IN 46236; Absolute NNN lease with zero landlord responsibilities; New 15‑year lease term with 10% rental increases every five years
(925) 390-8518 Call to check price and availability
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