NNN Specialty
For Sale
$1,512,842
3725 N Keystone Ave, Indianapolis, IN 46218
NNN commercial property offered for sale with a stated 6.50% cap rate.
Property Size9,230 SF
Price / SF$163.90
Days on Market151
Property Features for 3725 N Keystone Ave
General Information
Standard status
Active
Size
9,230 SF
Property subtype
Discount
Lease Type
Absolute Net
Additional Details
Cap Rate
6.5%
Amenities
Best In Class Tenant - Corporate guarantee by Dollar General, a nationally recognized corporation with over 19,000 locations. The lease also includes 9% rent bumps in all option periods.
Growing Area - A new proposed 95-unit multifamily project is located directly across the street from the property. The Indiana State Fairgrounds are also located less than a mile from the property.
Strong Demographics - Located within the Indianapolis MSA, the property benefits from over 254,700 residents within 5 miles and sees over 27,000 vehicles per day on Keystone Ave.
Established, Long-Term Location - The tenant recently extended their lease term for an additional five years by executing their first option period. They have three (3), 5-year option periods remaining.
Building Details
Building Size
9,230 SF
Listing Agency:
Austin Office
Listed By:
Dan Perrine · License #License(s): TX: 679432
(512) 338-7875
Source:
Marcusmillichap
Added: Apr 11
Changed: Sep 6
Last Checked: Sep 6 at 4:14AM
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 Austin Office
Investment Insights
Based on property information with market context.
Offered for sale as a net-lease (NNN) specialty property, this commercial asset is marketed with a stated 6.50% cap rate. The property is classified under NNN properties and specialty/other NNN properties in the provided materials.
The property’s listed address is 3725 N Keystone Ave, Indianapolis, IN 46218. Beyond the NNN structure and the indicated cap rate, no additional building or tenant details were included in the provided information, so investors and brokers should perform their due diligence on the lease and property specifics.
The property’s listed address is 3725 N Keystone Ave, Indianapolis, IN 46218. Beyond the NNN structure and the indicated cap rate, no additional building or tenant details were included in the provided information, so investors and brokers should perform their due diligence on the lease and property specifics.
Key Highlights
- NNN commercial property offered for sale with a stated 6.50% cap rate
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - NNN commercial property offered for sale with a stated 6.50% cap rate.
Where is this nnn property located?
The property is located at 3725 N Keystone Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,512,842.
What are key features of this property?
This property features: NNN commercial property offered for sale with a stated 6.50% cap rate
