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AutoZone NNN Property
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4606 E County Line Rd, Indianapolis, IN 46237

Single-tenant automotive retail asset with a long-term ground lease and scheduled rent escalations.

Property SizeContact for details
Days on Market142

Property Features for 4606 E County Line Rd

General Information

Standard status Active
Property subtype Retail

Site & Location

Anchor Co-Tenants Costco Wholesale
Traffic Count 92,000 vehicles/day
Highway Access Yes

Building Details

Year Built 2020
Buildings 1
Tenancy Single
Listing Agency: Colliers - Orlando, Florida
Listed By: Michael Brewster · License #SL3280018
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 4:31PM

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 Colliers - Orlando, Florida

Investment Insights

Based on property information with market context.

This single-tenant AutoZone property was developed in 2020 as an outparcel serving the adjacent Costco Wholesale. The asset is subject to a ground lease with more than 18 years remaining and includes contractual 10% rent increases every 5 years.

The property is located in Indianapolis, Indiana, less than one mile west of Interstate-65, which carries 92,000 VPD. Its setting within a Costco trade area is supported by nearly 2 million annual visitors to the nearby retailer. The AutoZone may also be acquired together with the neighboring Valvoline property as part of a portfolio transaction.

Key Highlights

  • AutoZone single‑tenant net lease property
  • 2020 construction on a Costco Wholesale outparcel
  • Ground lease with over 18 years remaining

Property Analytics

Current Use

AutoZone Auto Parts Auto Parts Store Bike Parking Bicycle Rack

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Auto Parts Store Parking Lot & Garage

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

92,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
226k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 55% Shops & Services 36% Dining 9%
Costco Wholesale Superstores
123,551 visits/mo 0.2 miles
Costco Gasoline Shops & Services
44,124 visits/mo 0.2 miles
Dollar Tree Shops & Services
20,308 visits/mo 0.5 miles
7 Brew Coffee Dining
20,293 visits/mo 0.2 miles
XFINITY Store by Comcast Shops & Services
7,402 visits/mo 0.5 miles

Demographics for 46237, IN

44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
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
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant automotive retail asset with a long-term ground lease and scheduled rent escalations.
Where is this nnn property located?
The property is located at 4606 E County Line Rd Indianapolis, IN.
What are key features of this property?
This property features: AutoZone single‑tenant net lease property; 2020 construction on a Costco Wholesale outparcel; Ground lease with over 18 years remaining
More about this property
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