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$1,585,000
Est. payment /mo
1.25 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26865685
HOA Y/N No
Year Built 1996
Lot Size 1.250 Acres
Property Description
We are pleased to present the exclusive opportunity to acquire a single-tenant NNN retail asset leased to Arby's and located at 6007 Gateway Dr in Plainfield, Indiana. This net-leased commercial investment is situated on a 1.25-acre parcel (54,450 SF) within a commercial corridor directly adjacent to Interstate 70 in the Indianapolis metropolitan area. Originally constructed in 1996, the freestanding single-story building contains 2,760 square feet of gross structural area featuring a quick-service drive-thru layout. The property is fully net-leased with a corporate guaranty from Arby's Restaurant Group (Inspire Brands). Producing an in-place Net Operating Income (NOI) of $110,940 per year ($9,245 per month), the asset recently secured a lease extension through December 31, 2031, providing 5.5 years of remaining firm lease term followed by three 5-year renewal options extending through 2046 with ~7.5% rental escalations per option period. Offered at $1,585,000 (a 7.00% cap rate), this property provides an investor with corporate-backed cash flow anchored by real estate located near Indianapolis International Airport and Hendricks County's industrial corridor. This single-tenant quick-service asset represents a target investment for 1031-exchange buyers or private investors seeking a corporate-backed net-leased property in the Midwest. Offered at a 7.00% cap rate ($1,585,000), the pricing accounts for the flat primary stub through 2031 while offering yield premium relative to regional single-tenant fast-food trades averaging between 5.50% and 6.75%. Positioned along Plainfield's retail corridor, the site captures steady consumer traffic driven by local industrial employment centers and suburban residential growth. 6007 Gateway Dr offers an acquisition framework combining corporate income security, zero management responsibilities, and intrinsic land value in a growing submarket. Its location along Interstate 70 in Hendricks County, paired with a corporate-guaranteed lease from Inspire Brands, provides insulation against operational volatility. For buyers seeking to deploy capital into a passive, single-tenant net-leased retail asset with stable returns, this Arby's site provides a foundation for long-term wealth preservation and steady yield.
Location
State IN
County Other
Interior
Fireplace No
Building
Story 1
Others
Tax ID UNAVAILABLE
Special Listing Condition Standard
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Listed by Oron Maher Maher Commercial Realty #01299093
Nearby Locations
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