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Off Market
1/3

5150 E Thompson Rd
Indianapolis, IN 46237


HIGHLIGHTS


OVERVIEW

Illuminate Real Estate is pleased to present this seasoned 7,000 sf, freestanding Advance Auto Parts located in Indianapolis, IN. The subject property was built in 2000 and with their most recent, early 5-year lease extension, the tenant boasts what will be a 27-year operating history at this location. This proven location bene?ts from a “per square foot” rent that is well below the average throughout the Advance store network. The lease is Advance Auto’s prototypical double-net form. The subject property is conveniently located on highly traf?cked E. Thompson Rd. whose intersection just a few hundred feet from the site at Emerson Ave. produces traf?c counts of over 50,520 vehicles per day. The property is just a half mile from the I-465 loop on ramp connecting commuters to I-65 and downtown Indianapolis. The site is surrounded by national retail tenants and dense residential. Immediate area tenants and traf?c generators include: Kroger Marketplace, Lowe’s, Walmart Supercenter, Starbucks, Wendy’s, Walgreens, Hardee’s and countless others.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Advance Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

7000

STORIES

1

YEAR BUILT

2000

SPRINKLERS

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PARKING SPACES

40

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

49-10-34-133-006.000-300