Drive-Through Restaurant
222 E 175th St Westfield, IN 46074
For Sale
Contact for pricing
Brand new drive-thru restaurant on an absolute NNN lease with 8% increases every five years.
Property Size3,200 SF
Price / SF$1,476
Days on Market185
Property Features for 222 E 175th St
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- RETAIL
Listing Agency:
Marcus & Millichap | Phoenix
(602) 770-2935
Listed By:
Mark Ruble · License #SA550593000
(602) 770-2935
Source:
Moodyscre
Added: Jan 23
Changed: Jul 24
Last Checked: Jul 24 at 6:13AM
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 Marcus & Millichap | Phoenix
Investment Insights
Based on property information with market context.
This is a brand new drive-through restaurant constructed in a modern prototype design, totaling 3,200 square feet. The property is offered with a 15-year absolute NNN lease structure and features 8% increases every five years.
The lease is supported by a corporate guaranty by Panera, LLC. The property is located at 222 E 175th St in Westfield, Indiana, in a suburb described as serving over 112,000 residents in a rapidly growing area to Indianapolis.
The lease is supported by a corporate guaranty by Panera, LLC. The property is located at 222 E 175th St in Westfield, Indiana, in a suburb described as serving over 112,000 residents in a rapidly growing area to Indianapolis.
Key Highlights
- 15‑year absolute NNN lease
- 8% rent increases every 5 years
- Corporate guaranty by Panera, LLC
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
FAQs
What type of property is this?
NNN property - Brand new drive-thru restaurant on an absolute NNN lease with 8% increases every five years.
Where is this nnn property located?
The property is located at 222 E 175th St Westfield, IN.
What is the asking price?
The asking price for this property is $4,725,200.
What are key features of this property?
This property features: 15‑year absolute NNN lease; 8% rent increases every 5 years; Corporate guaranty by Panera, LLC