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Single-Tenant Absolute NNN Restaurant
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7345 E Washington St, Indianapolis, IN 46219

Absolute NNN-leased Applebee99s single-tenant restaurant in Indianapolis, operated by Flynn Group and guaranteed by Apple American Group LLC.

Property Size5,230 SF
Price / SF$774.95
Days on Market335

Property Features for 7345 E Washington St

General Information

Standard status Active
Size 5,230 SF
Property subtype RETAIL

Site & Location

Neighborhood Sterling Heights

Building Details

Tenancy Single
Listing Agency: Colliers
Listed By: Jereme Snyder · License #01360233
Source: Moodyscre
Added: Nov 27, 2025 Changed: Oct 26 Last Checked: Oct 26 at 5:27PM

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 Colliers

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Investment Insights

Based on property information with market context.

The offering is a single-tenant, absolute NNN-leased Applebee99s restaurant totaling 5,230 square feet. The property is operated by Flynn Group and guaranteed by Apple American Group LLC.

The asset is located at 7345 E Washington St in Indianapolis, Indiana.

For investors evaluating long-term, net-leased restaurant exposure, the lease is supported by Apple American Group LLC, which is described in the remarks as the largest Applebee99s franchisee in the system. The remarks also note that Flynn Group operates Applebee99s and multiple other brands, with Apple American Group presented as a subsidiary of Flynn Group.

Key Highlights

  • Single‑tenant, absolute NNN‑leased Applebee’s restaurant in Indianapolis, IN
  • Operated by Flynn Group
  • Lease is guaranteed by Apple American Group LLC

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Law Firm Pharmacy Parking Lot & Garage

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN-leased Applebee99s single-tenant restaurant in Indianapolis, operated by Flynn Group and guaranteed by Apple American Group LLC.
Where is this nnn property located?
The property is located at 7345 E Washington St Indianapolis, IN.
What is the asking price?
The asking price for this property is $4,053,000.
What are key features of this property?
This property features: Single‑tenant, absolute NNN‑leased Applebee’s restaurant in Indianapolis, IN; Operated by Flynn Group; Lease is guaranteed by Apple American Group LLC
(949) 724-5552 Call to check price and availability
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