Thompson Rd Indianapolis, IN 46237

Property Details for 0 Thompson Rd

Year built

2024

Lot size

0.51 lot acres

Property size

2,100 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a fee-simple ownership of a 2,100 square foot Dunkin' located in Beech Grove, Indiana, within the Indianapolis MSA. The property, built in 2024, boasts a 100% occupancy rate with a new 15-year absolute NNN lease featuring 1.5% annual rent bumps. The franchisee tenant guarantees a strong, stable income stream, with zero landlord responsibilities. The $2,226,000 asking price translates to a compelling 5.75% cap rate and $1,060 per square foot. Situated on a 0.51-acre lot with 16 parking spaces, this drive-thru equipped Dunkin' enjoys excellent visibility along Thompson Road, benefiting from high daily traffic counts and proximity to major interstates (I-65 and I-465). The property is an outparcel to a 134,000+ square foot shopping center anchored by national retailers like Kroger, Walmart, and Lowe's, ensuring a robust customer base. The location is further supported by a dense residential population, including numerous nearby apartment complexes, contributing to a strong and consistent consumer base. The property is zoned C-4: Community Regional Commercial District and has APN 49-15-03-149-009.000-300. This is a truly passive investment opportunity with significant upside potential due to the built-in rent increases and the strength of the Dunkin' brand. The lease includes five 5-year renewal options, providing long-term security and predictable income growth.