5607 W 38th St, Indianapolis, IN 46254
NNN leased Dutch Bros in Indianapolis with zero landlord responsibilities.
- Added:
- Feb 14, 2026
- Days on Market:
- 88
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 5607 W 38th St
General Information
- Standard status
- Active
- Size
- 950 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agent Aron Cline License #CA 01904371
Listing office SRS Real Estate Partners Newport Beach
Listing date Feb 14, 2026
Source Crexi
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
HighLights
- Absolute NNN lease with zero landlord responsibilities, providing a management‑free, passive investment.
- Brand new 15‑year lease with Dutch Bros Coffee, demonstrating long‑term commitment.
- 10% rental increases every 5 years throughout the initial term and option periods, hedging against inflation and growing NOI.
- Located less than a mile from the intersection of Interstate 465 and 38th Street, with a combined average of over 219,900 vehicles passing by daily.
- Located in a primary retail corridor near national/credit tenants like Meijer, Home Depot, and Target, increasing consumer traffic.
- Situated in a trade area supported by a population of over 224,000 residents and 76,100 employees with an average household income of $82,596.
Overview
Current Use by Public Records
Similar Places Nearby
- Havana Cafe — 3839 Moller Rd, Indianapolis, IN 46254
- INDY NUTRITION - Herbalife — Dr 46254, 3837 N High School Rd, Indianapolis, IN 46254
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.071186
- Latitude
- 39.825174