Single-Tenant Drive-Through
For Sale
Contact for pricing
9701 E 116th St, Fishers, IN 46037
Shake Shack occupies the property under an absolute NNN lease with frontage along 116th Street.
Property Size3,500 SF
Lot Size0.91 Acres
Days on Market144
Property Features for 9701 E 116th St
General Information
Standard status
Active
Size
3,500 SF
Lot size
0.91 Acres
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2021
Tenancy
Single
Listing Agency:
Cushman & Wakefield - Indianapolis, Indiana
(317) 590-5052
Listed By:
Bill French · License #RB14018427
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 6:51PM
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 Cushman & Wakefield - Indianapolis, Indiana
Investment Insights
Based on property information with market context.
Completed in 2021, this 3,500-square-foot drive-through restaurant is occupied by Shake Shack as a single-tenant property. The site encompasses approximately .91 acres and introduced the company’s Shack Track app-Thru Lane concept in Indiana. The property is offered with an absolute NNN lease structure.
Located at 9701 E 116th St in Fishers, Indiana, the restaurant sits near I-69, which carries 57,618 VPD, and has frontage and visibility along 116th Street, carrying 32,184 VPD. It is positioned as an outparcel to Fishers District, a mixed-use development with more than 98,186 SF of retail and restaurant space, 260 luxury apartment units, and a 210-room Hyatt Hotel. The surrounding five-mile area includes 176,618 residents with a household income of $140,780.
Located at 9701 E 116th St in Fishers, Indiana, the restaurant sits near I-69, which carries 57,618 VPD, and has frontage and visibility along 116th Street, carrying 32,184 VPD. It is positioned as an outparcel to Fishers District, a mixed-use development with more than 98,186 SF of retail and restaurant space, 260 luxury apartment units, and a 210-room Hyatt Hotel. The surrounding five-mile area includes 176,618 residents with a household income of $140,780.
Key Highlights
- 3,500‑square‑foot single‑tenant drive‑through restaurant
- Built in 2021 and occupied by Shake Shack
- Approximately .91‑acre site with 116th Street frontage
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Explore this area
Business Placement
Demographics for 46037, IN
47,264
Population
17,334
Households
2.7
Avg Household Size
37
Median Age
69%
College-Educated
98%
High-School Grad
20.1 sq mi
ZIP Area
2,351
Density / Sq Mi
$137,969
Median Household Income
$72,127
Median Earnings
$1,463
Median Rent
$403,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Shake Shack occupies the property under an absolute NNN lease with frontage along 116th Street.
Where is this drive through restaurant located?
The property is located at 9701 E 116th St Fishers, IN.
What are key features of this property?
This property features: 3,500‑square‑foot single‑tenant drive‑through restaurant; Built in 2021 and occupied by Shake Shack; Approximately .91‑acre site with 116th Street frontage
