5333 W Pike Plaza Rd - Auto Dealership FOR SALE


Indianapolis, IN 46254- International Market Place
$5,942,765 USD
332-345-4222
5333 W Pike Plaza Rd, Indianapolis, IN for Sale
$5,942,765 USD
Auto Dealership - FOR SALE
1/2
null | 7.5% Cap Rate

5333 W Pike Plaza Rd
Indianapolis, IN 46254
International Market Place


HIGHLIGHTS

  • Premier Provider of Quality Pre-Owned Vehicles
  • Attractive Industry for Investment
  • Double-Net (NN) Lease with 2% Annual Increases

OVERVIEW

NNN Pro is pleased to present the exclusive listing for an AutoSavvy located at 5333 W. Pike Plaza Road, Indianapolis, IN 46254. The site consists of roughly 23,000 rentable square feet of building space on an estimated 4.25-acre parcel of land. This AutoSavvy is subject to a 7-year Double Net (NN) lease, which commenced 3/28/2022. The current annual rent is $445,707 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$5,942,765 USD

PRICE/SF

$258 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoSavvy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.25 AC

LAND SF

185,130 SF

ZONING

ZO01

APN/PARCEL ID

49-06-18-127-002.000-674

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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