Search
7-Eleven Gas Station

3535 Kentucky Ave, Indianapolis, IN 46221

For Sale
Contact for pricing

A corporate NNN lease extends through 2040 and includes five five-year renewal options.

Property Size2,333 SF
Lot Size1.08 Acres
Price / SF$2,802
Days on Market28

Property Features for 3535 Kentucky Ave

General Information

Standard status Active
Size 2,333 SF
Lot size 1.08 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Neighborhood Mars Hill
Traffic Count 20,000 vehicles/day
Road Access Yes

Automotive

Automotive Uses fuel station
Convenience Store Yes
Fuel Brand Speedway

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants 7-Eleven, Inc.
Real Estate Included Yes

Building Details

Year Built 1998
Buildings 1
Tenancy Single
Listing Agency: CBRE - Atlanta
Listed By: Brian Pfohl · License #GA 349355
Source: Crexi
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 5:56PM

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 CBRE - Atlanta

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 7-Eleven property comprises a 2,333 SF building on a 1.08-acre site. The asset was built in 1998 and is leased to 7-Eleven, Inc. under a corporate NNN agreement. The current term runs through 12/31/2040, with approximately 14.2 years remaining. Five additional renewal periods of five years each are available, and the lease provides for 1.04% annual rent increases, with the next scheduled for 1/1/2028.

Kentucky Avenue carries more than 20,000 vehicles per day. More than 131,000 residents live within five miles of the site, which is in the Indianapolis MSA.

Key Highlights

  • 2,333 SF building on a 1.08‑acre site
  • Corporate NNN lease with 7‑Eleven, Inc. through 12/31/2040
  • Approximately 14.2 years remaining on the current lease term

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Speedway Gas Station Cardtronics ATM Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Nail Salon

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

20,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
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 Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Gas station - A corporate NNN lease extends through 2040 and includes five five-year renewal options.
Where is this gas station located?
The property is located at 3535 Kentucky Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $6,538,917.
What are key features of this property?
This property features: 2,333 SF building on a 1.08‑acre site; Corporate NNN lease with 7‑Eleven, Inc. through 12/31/2040; Approximately 14.2 years remaining on the current lease term
(404) 504-7893 Call to check price and availability
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
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