Leased Conventional Restaurant
For Sale
Contact for pricing
6320 W 38th St, Indianapolis, IN 46254
Restaurant property with on-site parking, an existing lease, and access to 465.
Property SizeContact for details
Days on Market129
Property Features for 6320 W 38th St
General Information
Standard status
Active
Property subtype
Mixed Use, Retail
Additional Details
Highway Access
Yes
Listing Agency:
Ellsbury Group
Listed By:
Devan Lunceford · License #IN RB20001289
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 2:33AM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
This conventional restaurant property at 6320 W 38th St is occupied by a restaurant business under a five-year lease. The site includes a large parking area and a billboard that generates rental income. The property also provides access to 465 and was previously operated as a Dairy Queen.
Lease payments vary by lease period, with the first two years structured differently from years three through five. Monetary terms are excluded from this summary.
Lease payments vary by lease period, with the first two years structured differently from years three through five. Monetary terms are excluded from this summary.
Key Highlights
- Five‑year lease in place with a restaurant business
- Large on‑site parking area
- Access to 465
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
901
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46254, IN
40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with on-site parking, an existing lease, and access to 465.
Where is this conventional restaurant located?
The property is located at 6320 W 38th St Indianapolis, IN.
What are key features of this property?
This property features: Five‑year lease in place with a restaurant business; Large on‑site parking area; Access to 465
