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

Hide

See More

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

Hide

See More

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

Hide

See More

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

Hide

See More

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

Hide

See More

Chick-fil-A - 2490 N Morton St

Franklin, IN 46131

• NNN Property
• Retail for Sale
• $4,207,200 CAD
• 5,512 SF

• Restaurant

Franklin Retail for Sale - Far South Johnson Cty

Lee & Associates is pleased to exclusively offer for sale a brand new Chick-fil-A ground lease located in Franklin, Indiana, within the rapidly expanding south Indianapolis corridor. The property consists of a newly constructed 5,512 square foot standalone quick-service restaurant situated on approximately 1.54 acres at the signalized hard corner intersection of N Morton Street and Commerce Drive. The site features Chick-fil-A’s next-generation double-stack drive-thru prototype with 61 parking spaces and a 345 square foot outdoor patio. Strategically positioned adjacent to a Meijer-anchored retail center and surrounded by national retailers including Walmart Supercenter, Lowe’s, Kroger, Kohl’s, Starbucks, Chipotle, Freddy’s, and McAlister’s Deli, the property benefits from exceptional visibility and strong consumer traffic exceeding 34,500 vehicles per day.

Contact:

Lee & Associates

Property Subtype:

Fast Food

Date on Market:

2026-05-12

Hide

See More

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

Hide

See More

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

Hide

See More