2490 North Morton Street

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2490 North Morton Street

Franklin, IN 46131
Asking Price
$3.00M
Cap Rate
4%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Low Rent | Brand New 2026 Construction | Latest Drive Thru Double-Stack Concept <p><span style="color: rgba(51, 51, 51, 1)">Lee & Associates is pleased to exclusively offer for sale a brand new Chick-fil-A ground lease located in Franklin, Indiana, within the rapidly expanding south Indianapolis corridor. The property consists of a newly constructed 5,512 square foot standalone quick-service restaurant situated on approximately 1.54 acres at the signalized hard corner intersection of N Morton Street and Commerce Drive. The site features Chick-fil-A’s next-generation double-

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

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