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Restaurant Pad Site For Sale

3148 S Western Ave, Marion, IN

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For Sale

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High-visibility restaurant pad site with strong co-tenants.

Type:RETAIL

Property size:

7,675 SF

Lot size:

1.42 Acres

HighLights

15‑year Absolute NNN lease (zero landlord responsibilities)
Located on a hard‑corner outlot to Walmart Supercenter
High‑profile retail pad with strong co‑tenants (IHOP, Fazoli’s, Starbucks, Taco Bell)
Relocating Applebee's with a successful operating history since 1995
High‑visibility location with increased traffic (25,697 ADT)
Anticipated opening in Q4 2025

We can help!

Listing Contact

Jon Bannister

For Sale

Contact for pricing

High-visibility restaurant pad site with strong co-tenants.

Type:RETAIL

Property size:

7,675 SF

Lot size:

1.42 Acres

Added:: Jun 16, 2025
Days on Market:: 364
Last Refresh:: May 20 at 9:08 pm

Property Features for 3148 S Western Ave

General Information

Standard status: Active
Size: 7,675 SF
Lot size: 1.42 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Jon Bannister

Listing agent Jon Bannister License #24001509

Listing office Veritas Realty

Listing date Jun 16, 2025

Source Moodyscre

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 Veritas Realty

HighLights

15‑year Absolute NNN lease (zero landlord responsibilities)
Located on a hard‑corner outlot to Walmart Supercenter
High‑profile retail pad with strong co‑tenants (IHOP, Fazoli’s, Starbucks, Taco Bell)
Relocating Applebee's with a successful operating history since 1995
High‑visibility location with increased traffic (25,697 ADT)
Anticipated opening in Q4 2025

Overview

This property is an outlot to a Walmart Supercenter, situated on a hard corner and benefiting from an existing traffic signal. The location is a high-profile retail pad with co-tenants including IHOP, Fazoli’s, Starbucks, and Taco Bell. The site is intended for use as a restaurant. An Applebee’s restaurant, operated by Flynn Restaurant Group, has signed a 15-year Absolute NNN lease, ensuring zero landlord responsibilities. The location is in Marion, the county seat of Grand County. Applebee’s has operated in Marion since 1995 and is relocating to this location with stronger co-tenancy and increased traffic. The new site is expected to open in Q4 2025. The property benefits from traffic of 25,697 ADT. The property size is 7675 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Location Insight

Map
Local Demand

City: Marion
County: Grant
State: Indiana
Longitude: -85.6752
Latitude: 40.5322

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For sale
Restaurants
IN
Marion
3148 S Western Ave

What type of property is this?

Restaurant - High-visibility restaurant pad site with strong co-tenants.

Where is this restaurant located?

The property is located at 3148 S Western Ave Marion, IN.

What are key features of this property?

This property features: 15‑year Absolute NNN lease (zero landlord responsibilities); Located on a hard‑corner outlot to Walmart Supercenter; High‑profile retail pad with strong co‑tenants (IHOP, Fazoli’s, Starbucks, Taco Bell)

3148 S Western Ave, Marion, IN

High-visibility restaurant pad site with strong co-tenants.

Property Features for 3148 S Western Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Professional Arts Office Building

Historic Apartments in Downtown Marion

Restaurant/Bar with Apartments and Patio

Retail Service Building with Rear Door

All-Brick Duplex in Marion, Indiana

All-Brick Duplex in Marion, IN

High Traffic Location Office Building

Marion Duplex with Long-Term Renters

Former Church with Finished Basement

Historic Building with Commercial Space

NNN Retail Investment Opportunity

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