Commercial Real Estate in Indianapolis available for sale
Indianapolis NNN Properties For Sale

NNN Properties for Sale in Indianapolis, IN, USA

More details for 5323 W 38th St, Indianapolis, IN - Retail for Sale

5323 W 38th St

Indianapolis, IN 46254

  • NNN Property
  • Retail for Sale
  • $2,154,086 CAD
  • 3,080 SF

Indianapolis Retail for Sale - Speedway

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.

Contact:

Century Partners Real Estate Inc.

Property Subtype:

Auto Repair

Date on Market:

2026-07-13
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More details for 2441 Lafayette Rd, Indianapolis, IN - Retail for Sale

2441 Lafayette Rd

Indianapolis, IN 46222

  • NNN Property
  • Retail for Sale
  • $911,560 CAD
  • 5,108 SF

Indianapolis Retail for Sale - Speedway

Strong Income & Return The property is offered at a 10% cap rate with approximately $65,000 NOI, creating an attractive cash-flow opportunity for investors seeking high-yield passive income. Act Quickly — Rare Opportunity High-yield NNN daycare assets at this cap rate are difficult to find. Serious buyers should move quickly, as this property is positioned for a fast sale and is not expected to last long.

Contact:

X Platinum LLC

Property Subtype:

Day Care Center

Date on Market:

2026-06-25
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More details for 7119 Whitestown Pkwy, Zionsville, IN - Retail for Sale

Whitestown Parkway - 7119 Whitestown Pkwy

Zionsville, IN 46077

  • NNN Property
  • Retail for Sale
  • $6,275,740 CAD
  • 11,332 SF

Zionsville Retail for Sale - Boone County

The Klink Group of Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire Whitestown Parkway, a 100% occupied Class A multi-tenant retail strip center located in Zionsville, Indiana within the Indianapolis MSA. Constructed in 2018, the Property features high-quality Class A construction, including a brick and stone façade, professionally maintained landscaping, no deferred maintenance, and approximately 11 years of remaining roof warranty coverage. Whitestown Parkway is fully leased to a diverse tenant roster consisting of Marco's Pizza, Palm Beach Tan, Pet Wellness Clinic, GNC, and Desi Chowrastha Indian Restaurant. All tenants operate under triple-net lease structures and reimburse their pro-rata share of common area maintenance expenses, real estate taxes, insurance, and management fees. Additionally, all tenants, with the exception of Palm Beach Tan, are responsible for HVAC replacement throughout the remainder of their lease terms. The Property is situated on 1.15 acres along Whitestown Parkway within the municipality of Whitestown and utilizes a Zionsville mailing address, which is common throughout the surrounding trade area. Positioned along a heavily traveled retail corridor with traffic counts of approximately 30,000 vehicles per day, the Property benefits from exceptional visibility and accessibility. Located between downtown Zionsville, one of Indianapolis' most affluent and desirable suburban communities, and Interstate 65, which carries approximately 95,000 vehicles per day, the Property is surrounded by a dense concentration of national retailers, residential developments, and employment centers. Whitestown Parkway presents investors with the opportunity to acquire a fully stabilized Class A retail asset within one of the fastest-growing and most affluent submarkets in the Indianapolis MSA. The Property offers future revenue growth through tenant renewal options and the potential to capture market rent growth over time, all within a supply-constrained trade area supported by strong demographics, robust population growth, and significant ongoing residential development.

Contact:

Marcus & Millichap

Date on Market:

2026-06-11
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More details for 927 N Emerson Ave, Greenwood, IN - Industrial for Sale

927 N Emerson Ave

Greenwood, IN 46143

  • NNN Property
  • Industrial for Sale
  • $13,819,250 CAD
  • 125,480 SF

Greenwood Industrial for Sale

STRONG NONPROFIT “INVESTMENT-GRADE–EQUIVALENT” TENANT – Goodwill Industries of Central Indiana, Inc. is a leading regional affiliate of Goodwill Industries International, one of the most recognized nonprofit organizations in North America. The Goodwill network collectively operates over 3,300 locations across the U.S. and Canada generates over $7 Billion of Revenue. Goodwill’s mission-driven, donation-based model has demonstrated long-term stability and resilience across all economic cycles. INSTITUTIONAL QUALITY FACILITY– Built specifically for Goodwill in 2016, this +/-125,000 sq. ft. concrete facility sits on approximately 18 acres and features +/- 32’ clear heights and 15 dock-high doors, offering functionality consistent with modern institutional industrial assets. BELOW MARKET RENT / LOW VALUE BASIS ($78 PSF) - The in-place lease was executed in 2016 and has remained below current market levels, creating a highly attractive basis of approximately $78/SF for an institutional-quality asset with long-term upside potential. STRATEGIC INDIANAPOLIS LOCATION – Goodwill is located in Greenwood, a high-growth suburb of Indianapolis, one of the Midwest’s premier logistics and economic hubs. Positioned directly off Interstate 65 (connecting north to Chicago and south to Louisville), the site sits within a dense retail and industrial corridor adjacent to Costco, Walmart, and the Indy South Greenwood Airport. Goodwill is surrounded by several newly developed apartment communities, further enhancing the immediate consumer base. This specific industrial pocket is home to major users including Amazon, FedEx, and ULTA Beauty, supporting strong market fundamentals and continued growth.

Contact:

Matthews Real Estate Investment Services

Property Subtype:

Warehouse

Date on Market:

2026-06-02
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More details for 201 S State Road 135, Greenwood, IN - Retail for Sale

Shops on Meridian | 9-Yr WALT | 6.35% Cap - 201 S State Road 135

Greenwood, IN 46142

  • NNN Property
  • Retail for Sale
  • $3,099,304 CAD
  • 4,051 SF

Greenwood Retail for Sale

The Property benefits from exceptional underlying fundamentals. Average household incomes within a one-mile radius approach $104,000, and Greenwood ranks among Indiana’s fastest-growing cities, having expanded 80% since 2000 and growing faster than 87% of similarly-sized U.S. cities. Employment in Greenwood grew approximately 7% from 2023 to 2024, adding over 2,200 jobs. Within a 2.5-mile radius, more than $110 million in newly delivered and approved development is actively reshaping the trade area, anchored by the 90-acre Center Grove Park mixed-use PUD approved in December 2024, which will deliver 250 apartment units and up to 150,000 square feet of commercial space directly along SR 135. At the citywide level, over 1,625 single-family homes and 594 apartment units are currently under construction. Further reinforcing the corridor’s long-term trajectory, furthermore, traffic volumes projected to increase 70% by 2040. Greenwood sits just 15 minutes south of downtown Indianapolis, one of the Midwest’s most stable and fastest-growing metros with a population approaching 2.3 million. The region consistently ranks among the top U.S. metros for affordability, job growth, and quality of life, and Indiana was recently ranked the #1 state for business. With a 9.5-year WALT, rare 3.5% annual rent escalations, a signalized hard-corner location directly across from a dominant grocery anchor, and a synergistic franchise tenant mix backed by Greenwood’s robust demographic and development tailwinds, Shops on Meridian represents a compelling opportunity to acquire a durable, long-term income stream in one of the Midwest’s strongest suburban growth markets.

Contact:

Pegasus Investments

Property Subtype:

Freestanding

Date on Market:

2026-05-21
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More details for 5520 86th st, Indianapolis, IN - Retail for Sale

New Wawa | 20-Yr Ground Lease | 40k VPD - 5520 86th st

Indianapolis, IN 46268

  • NNN Property
  • Retail for Sale
  • $7,058,279 CAD
  • 5,919 SF

Indianapolis Retail for Sale - College Park

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Wawa investment property located in Indianapolis, Indiana. The tenant, Wawa recently signed a brand new 20 year lease with 6 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN ground lease with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Contact:

SRS National Net Lease

Property Subtype:

Service Station

Date on Market:

2026-04-06
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More details for 1276 US Hwy 31 N, Greenwood, IN - Retail for Sale

1276 US Hwy 31 N

Greenwood, IN 46142

  • NNN Property
  • Retail for Sale
  • $3,499,865 CAD
  • 22,072 SF
  • Air Conditioning
  • Wheelchair Accessible
  • Smoke Detector

Greenwood Retail for Sale

Freestanding building occupied by Office Depot in the primary retail trade area of Greenwood. The property offers excellent visibility along US 31, with traffic counts exceeding 36,000 VPD, and is strategically located directly across from Greenwood Park Mall (Simon-owned).

Contact:

Kin Properties, Inc.

Property Subtype:

Storefront

Date on Market:

2026-04-02
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More details for 7352-7360 E Pendleton Pike, Indianapolis, IN - Retail for Sale

3+ Acre Development Site Adjacent to I-465 - 7352-7360 E Pendleton Pike

Indianapolis, IN 46226

  • NNN Property
  • Retail for Sale
  • $4,207,200 CAD
  • 12,584 SF

Indianapolis Retail for Sale - Lawrence/East County

Prime retail development opportunity with direct frontage along Pendleton Pike (30,000 VPD), the area's primary retail corridor. The property offers value-add potential through an existing retail strip center with month-to-month and short-term leases. Commercial zoning allows for a wide variety of uses, making it ideal for a QSR, gas station, car wash, or other retail concepts. Strategically located directly off the I-465 exit ramp and across the freeway from Menard’s, the dominant home improvement retailer in the region.

Contact:

Century Partners Real Estate Inc.

Property Subtype:

Freestanding

Date on Market:

2026-02-17
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More details for District Tap & Howl at the Moon NNN – Retail for Sale, Indianapolis, IN

District Tap & Howl at the Moon NNN

  • NNN Property
  • Multifamily for Sale
  • $9,816,800 CAD
  • 12,500 SF
  • 2 Multifamily Properties

Indianapolis Portfolio of properties for Sale - CBD

Marcus & Millichap, as exclusive advisor, is pleased to present for sale The District Tap & Howl at the Moon, a two-tenant, long-term triple-net leased retail investment located in the heart of Indianapolis’ downtown central business district (CBD). The Property is 100% leased and comprised of 13,110-square feet located on the ground-floor of Six Over Meridian, a downtown six-story, mixed-use condominium tower. The ground floor retail condos, the subject offering, are leased entirely to The District Tap and Howl at the Moon. The 2nd and 3rd floors are leased by Spot; a third-party logistics provider and the remaining three floors are residential condominiums. Howl at the Moon has occupied the property for more than 20+ years and currently has 8+ years remaining on the firm term of their lease with annual rental increases. The District Tap completed an entire renovation of their suite in 2019 prior to expanding their business concept into downtown Indianapolis and recently extended their lease for an additional 10 years. The District Tap is a multi-location, local restaurant owned by experienced operators that specialize in providing a wide selection of beers on tap and some of the best all-around food in Indianapolis. Howl at the Moon is the total entertainment experience; the bar regularly hosts guests for a variety of occasions, locals pop in for live music Monday through Saturday, happy hour revelers, bachelorette party-goers, traveling businesspeople, conventioneers and others. The offering is located at one of the most premier hard-corner intersections in downtown Indianapolis; South Meridian Street and Georgia Street and in between South Capital Avenue and South Pennsylvania Street. This three-block promenade connects the Indiana Convention Center, Gainbridge Fieldhouse (NBA Pacers), Circle Centre Mall and Lucas Oil Stadium (NFL Colts). The immediate surrounding area is filled with residential and office towers, nationally recognized hotels and event venues and various recently-completed and current economic developments. The District Tap & Howl at the Moon offers a rare opportunity to acquire a ground-floor retail investment with long-term, absolute triple-net leases located along the city’s only pedestrian-friendly street that directly connects the most visited sporting and entertainment venues in all of Indianapolis which are frequented by local, regional and national visitors. Additionally, the offering has a significant amount of scheduled rental growth in the near term which should drive yield & capital appreciation for an incoming investor over the investment holding period.

Contact:

Marcus & Millichap

Property Subtype:

Multi Family

Date on Market:

2026-01-30
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More details for 5613 W 38th St, Indianapolis, IN - Retail for Sale

STNL- Jack in the Box 15 Year Sale Lease Back - 5613 W 38th St

Indianapolis, IN 46224

  • NNN Property
  • Retail for Sale
  • $3,954,768 CAD
  • 2,750 SF

Indianapolis Retail for Sale - Speedway

Kidder Mathews is pleased to present 5613 W 38th St, Indianapolis, IN 46224 for sale. This investment opportunity is a free- standing, single-tenant property with a drive- thru currently leased to a Jack in-the-Box franchisee in the heart of Indianapolis, IN.

Contact:

Kidder Mathews

Property Subtype:

Fast Food

Date on Market:

2026-01-14
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More details for 5235 E 64th St, Indianapolis, IN - Retail for Sale

Take 5 Oil Change | 10yr Abs NNN w/ Increases - 5235 E 64th St

Indianapolis, IN 46220

  • NNN Property
  • Retail for Sale
  • $2,169,513 CAD
  • 2,389 SF

Indianapolis Retail for Sale - North Shadeland

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in Indianapolis, Indiana. The tenant, Take 5 Oil Change, signed a 11-year lease paying $99,000 in annual NOI with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Contact:

SRS National Net Lease

Property Subtype:

Auto Repair

Date on Market:

2025-10-28
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More details for 5930 82nd St, Indianapolis, IN - Retail for Sale

Dutch Bros | New 15yr Corp Abs NNN w/ Incrs - 5930 82nd St

Indianapolis, IN 46250

  • NNN Property
  • Retail for Sale
  • $3,684,105 CAD
  • 950 SF
  • Restaurant

Indianapolis Retail for Sale - Castleton

SRS National Net Lease is pleased to offer the opportunity to acquire a fee simple (land & building ownership) in an absolute NNN leased, corporate signed, Dutch Bros Coffee investment property located in Indianapolis, Indiana. The tenant, Boersma Bros, LLC recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for passive investors.

Contact:

SRS National Net Lease

Property Subtype:

Fast Food

Date on Market:

2025-10-20
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More details for 8224 N Bash St, Indianapolis, IN - Retail for Sale

Best Friends Pet Care - 8224 N Bash St

Indianapolis, IN 46250

  • NNN Property
  • Retail for Sale
  • $3,717,161 CAD
  • 15,034 SF

Indianapolis Retail for Sale - Castleton

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 8224 Bash Street in Indianapolis, Indiana (the “Property”). The build-to-suit Property was constructed in 2000, and Best Friends Pet Care has 9+ years remaining on their Absolute NNN lease with two (2), 5-year renewal options. The lease features attractive 1.5% annual rent increases throughout the primary lease term and renewal options. The Property is exceptionally well located along Bash Street and is adjacent to E 82nd Street, the area’s primary commercial and commuter corridor. The well-maintained Property is positioned in the heart of a commercial district surrounded by national and local retailers and restaurants, and office and manufacturing facilities that drive traffic to the area. The Property is also close to densely populated residential neighborhoods, large apartment communities, and area schools that provide a built-in and captive customer base. The Property is seconds from Castleton Square, a large, enclosed shopping mall, and Community Hospital North, and is convenient to area highways. Best Friends Pet Care is on the northeast side of the city approximately 12.5-miles from Downtown Indianapolis.

Contact:

Horvath & Tremblay

Property Subtype:

Vet/Kennel

Date on Market:

2025-06-25
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More details for 11020 Pendleton Pike, Indianapolis, IN - Retail for Sale

11020 Pendleton Pike

Indianapolis, IN 46236

  • NNN Property
  • Retail for Sale
  • $3,996,840 CAD
  • 15,012 SF

Indianapolis Retail for Sale - North Shadeland

F. C. Tucker, Cockerham Commercial is pleased to exclusively offer For Sale the 15,012 SF Walgreens located at 11020 Pendleton Pike Lawrence, IN. The property is being offered at a 7.01% CAP rate and is in an Opportunity Zone. Property is located directly off HWY 36.

Contact:

F.C. Tucker/Bloomington Realtors

Property Subtype:

Drug Store

Date on Market:

2025-06-13
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More details for 6336 Oaklandon Rd, Indianapolis, IN - Retail for Sale

High-Visibility Retail Opportunity - 6336 Oaklandon Rd

Indianapolis, IN 46236

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 10,722 SF
  • Air Conditioning

Indianapolis Retail for Sale - North Shadeland

Single Tenant Dollar Tree - Low Rent. Property located in the established Oaklandon retail corridor of Indianapolis, IN. Situated on approximately 1.04 acres, the property offers excellent visibility, convenient access, and ample parking.

Contact:

Kin Properties, Inc.

Property Subtype:

Drug Store

Date on Market:

2026-05-27
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More details for 8241 US 31 S, Indianapolis, IN - Retail for Sale

T-Mobile Corp Freestanding - Auction Aug 3rd - 8241 US 31 S

Indianapolis, IN 46227

  • NNN Property
  • Retail for Sale
  • Price Upon Request
  • 3,299 SF

Indianapolis Retail for Sale - Edgewood/South County

The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present this corporate-leased T-Mobile asset, being offered unpriced through an auction process scheduled for August 3rd through August 5th. The property offers investors durable in-place cash flow with current annual rent of $115,465 and a scheduled 5% rent increase in September 2027. The lease structure is double-net, providing for a passive ownership profile with limited landlord responsibilities. The tenant, T-Mobile USA, Inc., recently extended the lease for one additional year and retains a single One-year option, signaling continued operational commitment while simultaneously creating a compelling near-term repositioning or mark-to-market opportunity for a future owner. Strategically located along US Highway 31 South, the property benefits from excellent visibility and access, with traffic counts exceeding 37,000 vehicles per day. The site sits within a highly active retail corridor anchored by top national brands and supported by over 31 million annual visits within a 1.5-mile radius. Immediate proximity to major automotive dealerships further reinforces consistent daily traffic to the area. Originally a Sprint location, the property was fully renovated in 2022 at the tenant’s expense following the T-Mobile/Sprint merger, demonstrating continued investment in the site. Additionally, recent capital improvements, including HVAC upgrades, further enhance the asset’s condition. This offering combines strong corporate credit, proven site performance, and a dense infill retail location, making it well-suited for investors seeking stable income today with embedded upside through the upcoming lease rollover.

Contact:

Marcus & Millichap

Property Subtype:

Freestanding

Date on Market:

2025-10-09
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More details for 4520 Independence Sq – Retail for Sale, Indianapolis, IN

4520 Independence Sq

  • NNN Property
  • Retail for Sale
  • $2,734,680 CAD
  • 9,326 SF
  • 2 Retail Properties

Indianapolis Portfolio of properties for Sale - Beech Grove/SE County

INVESTMENT OPPORTUNITY TKM Commercial is pleased to exclusively present the opportunity to acquire two purpose-built childcare facilities (4520 and 4545 Independence Square) strategically located within the Indianapolis Metropolitan Statistical Area. This offering provides investors with stable passive income through Absolute Triple Net (NNN) leases while offering investors long-term passive income from one of commercial real estate's most durable essential-service asset classes. The properties are leased to Blooming Independence, Inc., an experienced regional childcare operator with multiple locations throughout Indiana and Florida. Recently renewed long-term leases provide dependable cash flow with minimal landlord responsibilities, creating an attractive investment opportunity for private investors, family offices, and 1031 exchange buyers. In addition to strong in-place income, the portfolio presents an attractive long-term opportunity for value enhancement should ownership of the operating business transition in the future.

Contact:

TKM Commercial

Date on Market:

2026-07-10
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More details for 5010 E County Line Rd, Indianapolis, IN - Retail for Sale

Taco Bell | Ground Lease | Indianapolis, IN - 5010 E County Line Rd

Indianapolis, IN 46143

  • NNN Property
  • Retail for Sale
  • $2,445,988 CAD
  • 2,176 SF

Indianapolis Retail for Sale - Edgewood/South County

- No Landlord Responsibilities: Absolute NNN Ground Lease - Rental Increases: 10% every 5 years - Great Location: At the signalized intersection of E. County Line Rd (ADT: 34,672) & S. Emerson Ave (ADT: 24,432) & right off I-65 (ADT: 105,004) - Retail Corridor: Walmart Supercenter, Costco, Kroger, Tesla, 7 Brew, Franciscan Health, Cheddar’s, Chipotle, Culver’s, Starbucks, Dutch Bros, BIBIBOP, Chicken Salad Chick, Freddy’s, and many more - Operating History: 11+ years of success at this location

Contact:

Veritas Realty

Property Subtype:

Fast Food

Date on Market:

2026-05-13
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