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Drive-Through Restaurant with Kitchen
For Sale
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4789 Kentucky Ave, Indianapolis, IN 46221

An operational drive-through, commercial kitchen footprint, and on-site parking support quick-service restaurant operations.

Property SizeContact for details
Days on Market11

Property Features for 4789 Kentucky Ave

General Information

Standard status Active
Total Parking Spaces 34
Property subtype Retail

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Traffic Count 38,415 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Northmarq
Listed By: Enoch Escalera · License #201253957
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 26 at 7:58AM

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 Northmarq

Investment Insights

Based on property information with market context.

This vacant, former single-tenant KFC property is configured for quick-service restaurant use. The building includes an operational drive-through and a commercial kitchen footprint, with 34 parking spaces and pylon signage along Kentucky Avenue. The existing restaurant layout provides a basis for continued food-service use or redevelopment of the site.

The property fronts Kentucky Avenue, also designated State Road 67, at its interchange with I-465. Reported daily traffic is 38,415 vehicles on Kentucky Avenue and 121,469 on I-465. Indianapolis International Airport is 5.7 miles away, and Downtown Indianapolis is roughly 10 minutes from the site. AmeriPlex, an 1,800-acre business park with more than 10,000 employees, is one mile away. Nearby quick-service operators include Rally's, McDonald's, and Taco Bell.

Key Highlights

  • Operational drive‑through and commercial kitchen footprint
  • 34 parking spaces and pylon signage along Kentucky Avenue
  • Frontage on Kentucky Avenue (State Road 67) at the I‑465 interchange

Property Analytics

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Current Use

KFC Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

38,415 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - An operational drive-through, commercial kitchen footprint, and on-site parking support quick-service restaurant operations.
Where is this drive through restaurant located?
The property is located at 4789 Kentucky Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Operational drive‑through and commercial kitchen footprint; 34 parking spaces and pylon signage along Kentucky Avenue; Frontage on Kentucky Avenue (State Road 67) at the I‑465 interchange
(971) 351-9232 Call to check price and availability
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