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Corporate-Backed Drive-Thru Restaurant Ground Lease

2490 North Morton Street Franklin, IN 46131

2490 North Morton Street, Franklin, IN, 46131
Contact for pricing
For Sale
Contact for pricing

New 15-year corporate-backed Chick-fil-A ground lease with absolute NNN structure and a double-stack drive-thru concept.

Property Size5,512 SF
Price / SF$544.27
Days on Market72

Property Features for 2490 North Morton Street

General Information

Standard status
Active
Size
5,512 SF
Property subtype
Retail

Building Details

Year Built
2026
Listing agency Lee & Associates San Diego - Carlsbad
Listed by Ryan Bennett · License #CA 01826517
Source Crexi
Added: May 11 Updated: Jul 21 at 12:15AM Checked: Jul 21 at 12:15AM

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 Lee & Associates San Diego - Carlsbad


Investment Insights

Based on property information with market context.

This offering features a new 15-year corporate-backed Chick-fil-A ground lease structured as absolute NNN. The property is designed for a next-generation double stack drive-thru concept, creating a QSR-ready format for operations.

The site is an A+ signalized hard corner near Franklin High School (1,600 students) and Franklin College (1,000 students). The location is shadow-anchored by the newly developed Meijer Grocery Center and Lowe’s-anchored Franklin Commons, supporting consistent retail and daily needs demand. Nearby, the corridor continues to expand with new industrial and technology investment, and the property is listed as less than 1 mile from a new 288-unit class “A” resort-style luxury apartment project. Franklin is approximately 24 miles south of downtown Indianapolis.

Key Highlights

  • New 15‑year corporate‑backed Chick‑fil‑A ground lease
  • Absolute NNN lease structure
  • Next generation double‑stack drive‑thru concept

Property Analytics

Location Intelligence

Current Use by Public Records

Drive through restaurants

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Skin Care Clinic Garden Center Big Box & Wholesale Store Storage Facility Building Supply Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Drive through restaurant - New 15-year corporate-backed Chick-fil-A ground lease with absolute NNN structure and a double-stack drive-thru concept.
Where is this drive through restaurant located?
The property is located at 2490 North Morton Street Franklin, IN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: New 15‑year corporate‑backed Chick‑fil‑A ground lease; Absolute NNN lease structure; Next generation double‑stack drive‑thru concept
Contact an agent
(760) 519-0240 Call to check price and availability
More about this property
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