1523 E Epler Ave - Auto Repair FOR SALE


Indianapolis, IN 46227- Edgewood
$969,600 USD
317-429-7576
1523 E Epler Ave, Indianapolis, IN for Sale
$969,600 USD
Auto Repair - FOR SALE
1/5
null | 9% Cap Rate

1523 E Epler Ave
Indianapolis, IN 46227
Edgewood


OVERVIEW

- Single-Tenant Automotive Property leased to Auto Mechanic Pro, an established and locally operated repair shop - Tenant Responsibilities – Reimburses for CAM, Taxes, and Insurance, while handling HVAC and parking lot maintenance - Below-Market Rent with built-in increases until expiration in March of 2028 - Strong Local Presence – Auto Mechanic Pro is highly rated with 5.0 stars on Google and a loyal repeat customer base - Accessible Southside Location along Epler Avenue near U.S. 31 (35,000+ VPD) and major retailers including Kroger, McDonalds, Arby’s, and Great Clips - Proximity to Key Trade Area Anchors – Minutes from Southport High School and Grade School, the University of Indianapolis, and I-465 interchange

FOR SALE DETAILS

PRICE

$969,600 USD

PRICE/SF

$118 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C5

APN/PARCEL ID

49-15-06-116-008.000-500

ASK ABOUT THIS PROPERTY

Phoebe AaronVeritas RealtyMore Info
317-429-7576

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Phoebe AaronVeritas RealtyMore Info
317-429-7576

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.