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    60 E Garner Rd Brownsburg, IN 46112

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    For Sale
    $5,239,000

    20-year corporate ground lease in growing Indianapolis suburb.

    Property size:
    5,915 SF
    Lot size:
    2.20 Acres

    Property Features for 60 E Garner Rd

    General Information

    Size
    5,915 SF
    Lot size
    2.20 Acres

    Source: Marcus & Millichap | Washington D.C. Agent Dean Zang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Corporate Ground Lease Opportunity

    This property features a new 20-year corporate ground lease, with the store opening scheduled for September 2025. The property is located on a 1.77-acre signalized corner parcel that benefits from high visibility, with over 40,000 vehicles per day. Rent increases of 7% are scheduled every 5 years, starting in year 11. The property is situated in a growing Indianapolis suburb with strong demographics.
    Insight Report Location Intelligence

    Current Use by Public Records

    State Bank Bank ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Kroger Floral

    Location Insight

    • Map
    • Local Demand
    City
    Brownsburg
    County
    Hendricks
    State
    Indiana
    Longitude
    -86.393912
    Latitude
    39.86918

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    FAQs

    What type of property is this?
    Storefront property - 20-year corporate ground lease in growing Indianapolis suburb.
    Where is this storefront property located?
    The property is located at 60 E Garner Rd Brownsburg, IN.
    What is the asking price?
    The asking price for this property is $5,239,000.
    What are key features of this property?
    This property features: - New 20-Year Corporate Ground Lease; - 7% Rent Increases Every 5 Years Starting in Year 11; - Store Opening in September 2025
    (443) 553-6755
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    60 E Garner Rd Brownsburg, IN 46112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    60 E Garner Rd Brownsburg, IN 46112
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