Matthews Logo

Navigation Menu

5055 W Washington St, Indianapolis, IN, 46241

Wendy’s

$850,000

Key Information

Cap Rate
5.52%
$ per SF
$288
Tot. SF
2,995
Lot Size
1.58 Acres
Year Built
2005
Term Remaining
± 3.5 Years
Type
Retail
NOI
$46,929

Highlights

• Below-Market Rent with Built-In Upside – Favorable below-market lease rate provides meaningful embedded value and potential rental growth for future ownership.
• Prime Grocery-Anchored Retail Location – Strategically positioned on a highly sought-after Kroger outparcel, benefiting from consistent consumer traffic and strong retail synergy.
• Strong Indianapolis MSA Demographics – Located within the Indianapolis MSA, one of the Midwest’s largest and most resilient economic centers, supported by population growth, a diverse employment base, and healthy retail fundamentals.
• Absolute NNN Ground Lease – Passive investment opportunity featuring an absolute triple-net ground lease structure with no landlord responsibilities and dependable cash flow.
• Proven Long-Term Occupancy – Tenant has successfully operated at this location for more than 20 years, demonstrating a strong commitment to the site and market.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # RB17001213, RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203