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Taco Bell NNN Property
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951 INDIANA AVE, Indianapolis, IN 46202

Absolute NNN structure with scheduled 1.50% annual increases in downtown Indianapolis.

Property Size2,398 SF
Price / SF$1,016
Days on Market138

Property Features for 951 INDIANA AVE

General Information

Standard status Active
Size 2,398 SF
Total Parking Spaces 37
Property subtype Retail
Occupancy 100%
Investment Type Net Lease
Net Operating Income $136,483

Building Details

Year Built 1994
Stories 1
Units 1
Tenancy Single
Listing Agency: Veritas Realty
Listed By: Jon Bannister · License #IN RB19001231
Source: Crexi
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 3:26PM

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

Investment Insights

Based on property information with market context.

This Taco Bell property is located at 951 Indiana Ave in Indianapolis, Indiana. The building was constructed in 1994 and is identified as a NNN property with an absolute NNN lease structure.

The lease terms include 1.50% annual increases. The asset is situated in downtown Indianapolis, with IU-Indianapolis identified in the property information. The reported property size is 2,398.

Key Highlights

  • Taco Bell property at 951 Indiana Ave, Indianapolis, IN 46202
  • Absolute NNN lease structure
  • 1.50% annual increases

Property Analytics

Current Use

951 Indiana Ave ... Parking Lot & Garage Taco Bell Restaurant

Suggested Use

Top Pick Auto Parts Store Locksmith Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher

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

4,835
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN structure with scheduled 1.50% annual increases in downtown Indianapolis.
Where is this nnn property located?
The property is located at 951 INDIANA AVE Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,437,196.
What are key features of this property?
This property features: Taco Bell property at 951 Indiana Ave, Indianapolis, IN 46202; Absolute NNN lease structure; 1.50% annual increases
(317) 472-1800 Call to check price and availability
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