5235 E 64th St - Auto Repair FOR SALE
Indianapolis, IN 46220 |
5235 E 64th St
Indianapolis, IN 46220
HIGHLIGHTS
- New 15-year absolute NNN lease with a strong guaranty from the largest Take 5 franchisee in the country
- Take 5 is a subsidiary of Driven Brands, Inc. (4,500 units with over $4.7 billion in annual system-wide sales)
- 10% rental increases every five (5) years in initial term and option periods, providing a hedge against inflation
- No landlord responsibilities, ideal for an out-of-town investor
- Direct access at a signalized intersection to 37,098 AADT on Binford Boulevard
- Exceptionally strong demographics, with 203,661 residents within a five-mile radius, providing a consistent customer base for the property
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Take 5 Oil Change | Indianapolis
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
2389
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
49-02-33-115-156.000-800
