Search
Auto Service Shop with Corporate Lease
For Sale
Contact for pricing

3240 John Williams Blvd, Bedford, IN 47421

The tenant covers CAM, taxes, insurance, and all premises maintenance under the lease.

Property Size4,042 SF
Price / SF$742.21
Days on Market69

Property Features for 3240 John Williams Blvd

General Information

Standard status Active
Size 4,042 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners | McLean
Listed By: Philip Wellde · License #SL3430880
Source: Moodyscre
Added: Aug 6 Changed: Oct 13 Last Checked: Oct 12 at 8:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | McLean

Investment Insights

Based on property information with market context.

This 4,042-square-foot automotive service property is occupied by Jiffy Lube, LLC under a corporate lease. The agreement has more than 9 years remaining, along with five 5-year extension options. Contractual rent increases are set at 10% every 5 years and at the start of each option period.

The site is located less than half a mile from IN-37, which records 22,000 VPD, and approximately one mile from 16th St, with 15,000 VPD. Del Taco and Culver’s are both within one mile. The tenant is responsible for CAM, taxes, insurance, and maintenance of all aspects of the premises.

Key Highlights

  • 4,042‑square‑foot automotive service property
  • Jiffy Lube, LLC corporate lease in place
  • More than 9 years remaining on the lease

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick HVAC Service Electrical Service Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
350k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 22% Dining 19% Home Improvements & Furnishings 17% Shops & Services 16%
Walmart Superstores
77,401 visits/mo 0.2 miles
Rural King Home Improvements & Furnishings
32,076 visits/mo 0.4 miles
Ollie's Bargain Outlet Shops & Services
19,087 visits/mo 0.3 miles
Steak 'n Shake Dining
19,045 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
18,503 visits/mo 0.5 miles

Demographics for 47421, IN

27,798
Population
13,112
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
184.4 sq mi
ZIP Area
151
Density / Sq Mi
$66,588
Median Household Income
$39,613
Median Earnings
$827
Median Rent
$165,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Big O Tires — 1420 James Ave, Bedford, IN 47421
  • Walmart Auto Care Centers — 3200 John A Williams Blvd, Bedford, IN 47421
  • Jiffy Lube — 3240 John A Williams Blvd, Bedford, IN 47421

Frequently Asked Questions

What type of property is this?
Auto shop - The tenant covers CAM, taxes, insurance, and all premises maintenance under the lease.
Where is this auto shop located?
The property is located at 3240 John Williams Blvd Bedford, IN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 4,042‑square‑foot automotive service property; Jiffy Lube, LLC corporate lease in place; More than 9 years remaining on the lease
(703) 268-0854 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again