Drive-Through Restaurant
For Sale
Contact for pricing
222 E 175th St, Westfield, IN 46074
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 Market230
Property Features for 222 E 175th St
General Information
Standard status
Active
Size
3,200 SF
Property subtype
RETAIL
Lease Type
NNN
Additional Details
Lease Term
180 months
Listing Agency:
Marcus & Millichap | Phoenix
(602) 687-6700
Listed By:
Mark Ruble · License #(S):AZ:SA550593000,NV:S.0192964
(602) 770-2935
Source:
Moodyscre
Added: Jan 23
Changed: Aug 19
Last Checked: Sep 10 at 8:31AM
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
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Current Use
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 46074, IN
42,598
Population
17,118
Households
2.5
Avg Household Size
36
Median Age
61%
College-Educated
97%
High-School Grad
36.4 sq mi
ZIP Area
1,170
Density / Sq Mi
$123,580
Median Household Income
$60,250
Median Earnings
$1,550
Median Rent
$400,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
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
