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Arby's Conventional Restaurant
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705 N Meridian St, Portland, IN 47371

A 4,633-square-foot restaurant property identified with the Arby's name in Portland.

Property Size4,633 SF
Price / SF$358.94
Days on Market11

Property Features for 705 N Meridian St

General Information

Standard status Active
Size 4,633 SF
Property subtype Retail
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $95,620

Building Details

Year Renovated 2018
Buildings 1
Tenancy Single
Listing Agency: Matthews
Listed By: Chad Kurz · License #01911198
Source: Crexi
Added: Aug 7 Changed: Aug 14 Last Checked: Aug 17 at 5:55AM

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 Matthews

Investment Insights

Based on property information with market context.

This 4,633-square-foot conventional restaurant property is identified with the Arby's name and is located at 705 N Meridian St in Portland, Indiana. The source information does not provide additional details on the building layout, equipment, site improvements, or operating terms.

Portland is an east-central Indiana community with roughly 6,000 residents. Regional connections include U.S. Route 27 and State Road 26, with Fort Wayne and Muncie identified as nearby economic hubs. The local economy includes light manufacturing, agriculture, and small businesses.

Key Highlights

  • 4,633‑square‑foot conventional restaurant property
  • Identified with the Arby's name
  • 705 N Meridian St, Portland, IN 47371

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47371, IN

12,143
Population
5,458
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
85%
High-School Grad
219.6 sq mi
ZIP Area
55
Density / Sq Mi
$59,215
Median Household Income
$38,031
Median Earnings
$746
Median Rent
$116,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A 4,633-square-foot restaurant property identified with the Arby's name in Portland.
Where is this conventional restaurant located?
The property is located at 705 N Meridian St Portland, IN.
What is the asking price?
The asking price for this property is $1,662,971.
What are key features of this property?
This property features: 4,633‑square‑foot conventional restaurant property; Identified with the Arby's name; 705 N Meridian St, Portland, IN 47371
More about this property
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