Brand New 15 Year Absolute NNN Lease
High Performing Location across from Meijer
Guaranteed by the Largest Meineke Franchisee (56 Units)
Excellent Visibility & Frontage on W 38th Street
Centrally Located in Retail Corridor surrounded by National Tenants
Investment Highlights
•Brand New 15 Year Absolute NNN lease with zero landlord responsibilities
•Direct frontage and visibility to approximately 22,000 vehicles daily on W 38th Street
•Established Meineke Car Care Center positioned for long term occupancy
•Guaranteed by Solvix Auto LLC — the largest Meineke franchisee in the United States
Location Highlights
•Located along W 38th Street, a primary commercial corridor in west Indianapolis with a daily traffic volume of 22,000 vehicles per day
•Strategic location across from Meijer and proximate to Home Depot and Target
•Dense residential and commercial trade area: over 103,000 residents and 42,000 households within 3 miles
•Proximate to Indianapolis Motor Speedway - drawing 1.3M spectators a year
•Established Meineke auto service site in a supply-constrained west Indianapolis corridor
Tenant Highlights
•Experienced Operator: Solvix Auto LLC operates 56 Meineke locations nationwide, the largest Meineke franchisee in the United States, with plans to expand to 100+ units
•Meineke: Established national auto care brand with 900+ locations, a subsidiary of Driven Brands, Inc.