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NNN Automotive Property
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4985 W Smith Valley RD, Greenwood, IN 46142

Leased automotive facility at a signalized intersection within a major retail corridor.

Property Size5,082 SF
Price / SF$689.89
Days on Market77

Property Features for 4985 W Smith Valley RD

General Information

Standard status Active
Size 5,082 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: SRS Real Estate Partners | Detroit
Listed By: Michael Carter · License #6501369793
Source: Moodyscre
Added: Jul 1 Changed: Sep 11 Last Checked: Sep 14 at 12:46PM

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 SRS Real Estate Partners | Detroit

Investment Insights

Based on property information with market context.

This 5,082-square-foot automotive property is leased to Christian Brothers Automotive Corporate under a NNN lease structure. More than 9 years remain on the initial term, with five 10-year extension options. The lease includes 1.5% annual rental increases throughout the initial term and option periods. The tenant pays CAM, taxes, and insurance and maintains all aspects of the premises, with no landlord responsibilities identified.

The property occupies the signalized, hard corner of W Smith Valley Rd and W Morgantown Rd, where the two roads combine for more than 27,000 vehicles passing daily. Interstate 69 is approximately 1 mile away and carries 42,300 VPD. The site is positioned within a retail corridor that includes The Home Depot, Meijer, Kroger, ALDI, Chick-fil-A, and Texas Roadhouse. The surrounding trade area includes more than 120,600 residents and 34,700 employees, with an average household income of $165,159 within 1 mile.

Key Highlights

  • Christian Brothers Automotive Corporate signed lease
  • More than 9 years remaining with five 10‑year extension options
  • 1.5% annual rental increases during the initial term and option periods

Property Analytics

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Current Use

Christian Brothers Automotive ... Auto Repair Shop

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Spa & Massage Center Auto Repair Shop Auto Parts Store

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Speedway Shops & Services
21,382 visits/mo 0.1 miles
Domino's Pizza Dining
1,634 visits/mo 0.1 miles
Christian Brothers Automotive Shops & Services
598 visits/mo 0.1 miles

Demographics for 46142, IN

32,052
Population
14,396
Households
2.2
Avg Household Size
40
Median Age
39%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
2,151
Density / Sq Mi
$85,611
Median Household Income
$47,831
Median Earnings
$1,122
Median Rent
$266,000
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 Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Leased automotive facility at a signalized intersection within a major retail corridor.
Where is this nnn property located?
The property is located at 4985 W Smith Valley RD Greenwood, IN.
What is the asking price?
The asking price for this property is $3,506,000.
What are key features of this property?
This property features: Christian Brothers Automotive Corporate signed lease; More than 9 years remaining with five 10‑year extension options; 1.5% annual rental increases during the initial term and option periods
(586) 549-4260 Call to check price and availability
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