Tire Shop
4250 W 38th St, Indianapolis, IN 46254
For Sale
Contact for pricing
An absolute NNN lease assigns property operating expenses, upkeep, repairs, and replacements to the tenant.
Property SizeContact for details
Days on Market41
Property Features for 4250 W 38th St
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Traffic Count
Highway Access
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Real Estate Included
Additional Details
Automotive Uses
Listing Agency:
Veritas Realty
Listed By:
Jon Bannister · License IN RB19001231
(317) 493-1267
Source:
Crexi
Added: Oct 1
Changed: Nov 8
Last Checked: Nov 8 at 3:34PM
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 Veritas Realty
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Investment Insights
Based on property information with market context.
The tire shop at 4250 W 38th St in Indianapolis is leased on an absolute NNN basis. The tenant covers property operating costs, maintenance, repairs, and replacements. A personal guaranty provides support beyond the tenant entity. Contractual rent adjustments include a 12% increase in June 2028, followed by 5% annual increases.
The property is on 38th St, which records ADT of 35,532, and just off I-65, with ADT of 95,446. Retailers in the surrounding corridor include Meijer, Walmart Supercenter, ALDI, Goodwill, Planet Fitness, Taco Bell, KFC, McDonald's, Family Dollar, Dutch Bros, Crew Carwash, and Sparkling Image Car Wash.
The property is on 38th St, which records ADT of 35,532, and just off I-65, with ADT of 95,446. Retailers in the surrounding corridor include Meijer, Walmart Supercenter, ALDI, Goodwill, Planet Fitness, Taco Bell, KFC, McDonald's, Family Dollar, Dutch Bros, Crew Carwash, and Sparkling Image Car Wash.
Key Highlights
- Absolute NNN lease places property operating costs, maintenance, repairs, and replacements with the tenant
- Rent increases 12% in June 2028, followed by annual 5% adjustments
- Personal guaranty extends beyond the tenant entity
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
35,532 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
943
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46254, IN
40,162
Population
17,955
Households
2.2
Avg Household Size
33
Median Age
32%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,187
Density / Sq Mi
$57,825
Median Household Income
$36,883
Median Earnings
$1,021
Median Rent
$175,700
Median Home Value
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Market
Properties on Market for Auto shops in Indianapolis
Vacancy Rate% for Retail in Indianapolis, IN
Similar Off Market Nearby
- Roadmaster Automotive Inc — 3361 Georgetown Rd, Indianapolis, IN 46224
- Folson reward auto llc — 3444 w16th street, Indianapolis, IN 46222
- Tire 1 — 3605 Lafayette Rd, Indianapolis, IN 46222
- J perez auto repair — 3650 Lafayette Rd, Indianapolis, IN 46222
- El Brody Used Tires — 3580 Lafayette Rd, Indianapolis, IN 46222
Frequently Asked Questions
What type of property is this?
Auto shop - An absolute NNN lease assigns property operating expenses, upkeep, repairs, and replacements to the tenant.
Where is this auto shop located?
The property is located at 4250 W 38th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,525,654.
What are key features of this property?
This property features: Absolute NNN lease places property operating costs, maintenance, repairs, and replacements with the tenant; Rent increases 12% in June 2028, followed by annual 5% adjustments; Personal guaranty extends beyond the tenant entity
