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160 S Marlin Dr
Greenwood, IN 46142

Golden Corral · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
10,040 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.94 AC
Zoning
CM - Commercial Medium
Parking
95 Spaces (9.15 Spaces per 1,000 SF Leased)
Frontage
394 FT on Applewood Dr

About 160 S Marlin Dr , Greenwood, IN 46142

Investment Highlights: *11 years of base lease term remaining *Rental increases every 5 years throughout base term and options *Absolute NNN lease features no Landlord responsibilities *Healthy rent-to-sales ratio and store performance *CPB Foods, LLC operates approximately 300 restaurant units under the Golden Corral, Wendy's, and Chili's brands. *Located along prime retail thoroughfare with numerous national retailers including Kroger, ALDI, Walgreens, Target, and CVS. *Property is available individually or as a part of a portfolio (please inquire for additional details) Investment Overview: Ten-X is pleased to present the opportunity to acquire the absolute NNN leased Golden Corral restaurant located in Greenwood, IN. The property is offered individually or as a part of a larger portfolio (please inquire for additional details). Golden Corral has 11 years remaining on a 15 year base lease term, featuring 9.8% rental increases every 5 years. The base term is followed by 4, 5-year options, with 9.8% increases in each option. The Property is located approximately 12 miles south of Indianapolis, directly along Route 135. Golden Corral benefits from its well Golden Corral benefits from its well trafficked retail location with nearby retailers including Kroger, Fifth Third Bank, LA Fitness, ALDI, Walgreens, Target, CVS and FedEx, among others. Golden Corral is an established national brand with approximately 500 locations across 41 states. There are a total of 16 Golden Corral restaurants in the state of Indiana. Also Available: Golden Corral 2224 E. Perry Road, Plainfield, IN 46168 $2,324,439 Golden Corral 1480 Eastern Boulevard, Montgomery, AL 36117 $5,026,829 Golden Corral 12255 Highway 49, Gulfport, MS 39503 $3,272,586

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-03-35-014-005.000-041
Land Assessment
$840,800
Improvements Assessment
$1,343,600
Total Assessment
$2,184,400
  • Listing ID: 5730785

  • Date on Market: 2/2/2017

  • Last Updated:

  • Address: 160 S Marlin Dr, Greenwood, IN 46142

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