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NNN Retail Property
For Sale
Contact for pricing
Pending

4006 S East St, Indianapolis, IN 46227

Laundromat location leased to an established operator under a triple-net structure.

Property SizeContact for details
Days on Market143

Property Features for 4006 S East St

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Shook Realty Group
Listed By: Creighton Shook · License #IN RB14044571
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 7:22AM

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 Shook Realty Group

Investment Insights

Based on property information with market context.

This retail investment property operates as a laundromat within Southern Plaza, an established shopping center on Indianapolis’s near Southside. The asset is occupied by an established operator under a triple-net lease, providing a defined net-lease structure for the property.

The property is located at 4006 S East St and is positioned beside both GetGo and Speedway gas stations. It also fronts the entrance road serving Kroger and the Southern Plaza Shopping Center, which contains more than 400,000 SF of retail space.

Key Highlights

  • Triple‑net lease to an established operator
  • Laundromat use within Southern Plaza shopping center
  • Adjacent to GetGo and Speedway gas stations

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Carpet & Flooring Store Cafe & Coffee 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

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Laundromat location leased to an established operator under a triple-net structure.
Where is this nnn property located?
The property is located at 4006 S East St Indianapolis, IN.
What are key features of this property?
This property features: Triple‑net lease to an established operator; Laundromat use within Southern Plaza shopping center; Adjacent to GetGo and Speedway gas stations
(317) 605-3723 Call to check price and availability
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