1665 State St, Greenfield, IN 46140

This exceptional investment opportunity presents a stabilized, 3,500 square foot retail property located at 1665 N State St, Greenfield, IN 46140. The Class B building, constructed in 2003, boasts a 7.00% cap rate and a strong net operating income (NOI) of $88,886. Currently 100% occupied by two tenants, a Penn Station and Atomic Wings franchisee, under a triple-net (NNN) lease, this multi-tenant property offers a secure investment with a proven track record. The property benefits from a prime location, shadow-anchored by Tractor Supply and Dollar Tree, and enjoys high visibility due to its proximity to I-70 and neighboring major retailers such as Kroger and Walmart. The area demonstrates strong demographics, with average household incomes exceeding $95,392 within a five-mile radius, and high traffic counts exceeding 22,000 vehicles per day. The property is zoned for commercial use and comprises one single-story building. This is a rare opportunity to acquire a well-performing, high-traffic QSR investment in a thriving Indiana market. The asking price is $1,270,000, representing a price per square foot of $362.86.