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6120 WHITESTOWN PKWY, WHITESTOWN, IN, 46075

Wendy’s
$2,000,000

Key Information

Cap Rate
5.25%
Lot Size
1.02 Acres
Year Built
2018
Term Remaining
±12.1 YRS
Type
Retail
NOI
$105,000
Leasable Area
2,566

Highlights

  • Growing Affluent Indianapolis Submarket: Whitestown, Indiana continues to experience strong growth fueled by infrastructure improvements, expanding residential development, and increasing commercial investment. With hundreds of new housing units underway and enhanced accessibility throughout the area, Whitestown is well-positioned for sustained expansion. As one of the fastest-growing submarkets in the Indianapolis MSA, Whitestown continues to drive long-term demand for retail and net lease investments.
  • Over 12+ Years of Remaining Lease | Low Rent Site: The property features over 12 years of remaining lease term, providing investors with long-term and predictable cash flow. This extended lease term offers long-term income security backed by a nationally recognized tenant.
  • Prime Positioning & Surrounding Retail : The subject property is strategically located along Whitestown Parkway, the area’s primary retail corridor, surrounded by a dense concentration of national retailers and daily-needs drivers. The corridor is anchored by Meijer and supported by major retail destinations including The Marketplace at Anson and The Shoppes at Whitestown, featuring tenants such as Dicks Sporting Goods, T.J. Maxx, Old Navy, Ross Dress for Less, Burlington, Hobby Lobby, and Ashley Store. Other brands to note are: Chick Fil -A, Taco Bell, McDonalds, and newly developed Crew Carwash, Fifth Third Bank, and Aldi.
  • Recent Construction | New Wendy’s Prototype: The property features a recently constructed Wendy’s built to the brand’s latest prototype, offering modern design and operational efficiency. New construction minimizes near-term capital expenditures and enhances long-term tenant viability.
  • Strong Demographics & High Visibility: This opportunity sits as an outparcel to the busiest retail center in the city benefitting from over 100,000 VPD off Highway 52 and an additional 23,000 VPD directly in front of the property. Within a 5-mile population there are over 44,000 residents with an average household income exceeding $204,000.

Photos

Location

Agents

Broker of Record

Kyle Matthews

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