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4250 W 38th St
Indianapolis, IN 46254 International Market Place

$1,448,556 USD

Auto Repair For Sale  •  9,600 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 9,600 SF
  • Lot Size 0.79 AC
  • Building Class C
  • Year Built 1983
  • Tenancy Single
  • Zoning C4
31 Transit Score
57 Walk Score

Highlights

Single Tenant Net Lease Investment Opportunity No Landlord Responsibilities
Landlord Recapture Right | Provides Future Flexibility for Repositioning or Redevelopment
Landlord-Controlled Renewal Option | Investor Maintains Full Control Over Lease Extension Tenant Cannot Decline Renewal
Modest Replaceable Rent | Low Price Entry Point Landlord Friendly NNN Lease CPI or 5% Annual Rent Increases
Recent Capital Improvements: Roof (15-Yr Warranty), HVAC, Water Heater, Parking Lot, Windows
Excellent Visibility | ±20,000 Vehicles Per Day Along W 38th Street

Property Flyers

Amenities

  • 24 Hour Access
  • Bus Line
  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
14 min - 7.0 mi
AirportDriveWalkDistance
Indianapolis International 29 min - 15.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Surface
Included in Rent: Yes
Andrew Margulies 312-543-0090 Marcus & Millichap
Andrew Margulies 312-543-0090 Marcus & Millichap