Auto Service NNN
4985 W Smith Valley Road Greenwood, IN 46143
4985 W Smith Valley Road, Greenwood, IN, 46143
$3,703,000
For Sale
$3,703,000
Corporate leased auto service property on a signalized hard corner intersection with 9+ years remaining.
Days on Market49
Property Features for 4985 W Smith Valley Road
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2019
Listing agency
SRS Real Estate Partners Newport Beach
(586) 549-4260
Listed by
Michael Carter · License #6501369793
(586) 549-4260
Source
Srsre
Added: Jun 3 Updated: Jul 21 at 12:24AM Checked: Jul 21 at 2:56AM
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 Newport Beach
Investment Insights
Based on property information with market context.
This NNN auto service investment is under a corporate lease with Christian Brothers Automotive, featuring 9+ years remaining and five (10-year) options to extend. The lease includes 1.5% annual rental increases throughout both the initial term and the option periods. Tenant is responsible for CAM, taxes, and insurance, with no landlord responsibilities for ongoing premises maintenance.
The property is located at a signalized hard corner intersection of W Smith Valley Rd and W Morgantown Rd, which together average more than 27,000 vehicles passing by daily. It is approximately one mile from Interstate 69, where traffic is listed at 42,300 VPD. The surrounding area is described as a primary retail corridor with established tenants including The Home Depot, Meijer, Kroger, ALDI, Chick-fil-A, and Texas Roadhouse.
From an operational standpoint, the asset is structured for a management-free ownership experience, with the tenant maintaining the premises and covering CAM, taxes, and insurance under the NNN framework.
The property is located at a signalized hard corner intersection of W Smith Valley Rd and W Morgantown Rd, which together average more than 27,000 vehicles passing by daily. It is approximately one mile from Interstate 69, where traffic is listed at 42,300 VPD. The surrounding area is described as a primary retail corridor with established tenants including The Home Depot, Meijer, Kroger, ALDI, Chick-fil-A, and Texas Roadhouse.
From an operational standpoint, the asset is structured for a management-free ownership experience, with the tenant maintaining the premises and covering CAM, taxes, and insurance under the NNN framework.
Key Highlights
- 2019‑built corporate leased auto service property with Christian Brothers Automotive corporate signed lease
- Lease includes 9+ years remaining with 5 (10‑year) extension options
- Lease has 1.5% annual rental increases throughout the initial term and option periods
Property Analytics
Location Intelligence
Current Use by Public Records
Christian Brothers Automotive ...
Auto Repair Shop
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Corporate leased auto service property on a signalized hard corner intersection with 9+ years remaining.
Where is this nnn property located?
The property is located at 4985 W Smith Valley Road Greenwood, IN.
What is the asking price?
The asking price for this property is $3,703,000.
What are key features of this property?
This property features: 2019‑built corporate leased auto service property with Christian Brothers Automotive corporate signed lease; Lease includes 9+ years remaining with 5 (10‑year) extension options; Lease has 1.5% annual rental increases throughout the initial term and option periods
