Absolute NNN Equipment Rental
6901 E 38th St Indianapolis, IN 46226
For Sale
Contact for pricing
Pending
Fee simple absolute NNN property leased to EquipmentShare with corporate guarantee and a newly executed 15-year term.
Property Size26,000 SF
Lot Size6.00 Acres
Days on Market105
Property Features for 6901 E 38th St
General Information
- Standard status
- Pending
- Size
- 26,000 SF
- Lot size
- 6.00 Acres
- Property subtype
- Industrial
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Patrick R. Luther, CCIM · License #CA License No. 01912215
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 10:35AM
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.
SRS National Net Lease Group is offering the fee simple interest (land and building ownership) in an absolute NNN, corporate guaranteed EquipmentShare investment property. The tenant recently executed a new 15-year lease with two additional 5-year options, reflecting continued commitment to the site.
The property is located in Indianapolis at the signalized corner intersection of E. 38th Street and Massachusetts Avenue, with access to nearby direct on/off ramp routes to Interstate 465. The surrounding area includes a primary retail corridor along Massachusetts Avenue and multiple nearby national and credit tenants, including Aldi, CVS Pharmacy, Advance Auto Parts, Menard’s, and O’Reilly Auto Parts.
The offering includes a 26,000 SF building on a 6.00-acre lot, providing additional space to store rental equipment and supporting inventory. EquipmentShare, founded in 2015, operates a peer-to-peer equipment rental business with more than 70 locations nationwide.
The property is located in Indianapolis at the signalized corner intersection of E. 38th Street and Massachusetts Avenue, with access to nearby direct on/off ramp routes to Interstate 465. The surrounding area includes a primary retail corridor along Massachusetts Avenue and multiple nearby national and credit tenants, including Aldi, CVS Pharmacy, Advance Auto Parts, Menard’s, and O’Reilly Auto Parts.
The offering includes a 26,000 SF building on a 6.00-acre lot, providing additional space to store rental equipment and supporting inventory. EquipmentShare, founded in 2015, operates a peer-to-peer equipment rental business with more than 70 locations nationwide.
Key Highlights
- Fee simple absolute NNN investment property in Indianapolis leased to EquipmentShare with a corporate guarantee.
- Tenant signed a new 15‑year lease with 2 (5‑year) options to extend.
- Lease includes 1.70% annual rental increases throughout the initial term and option periods.
Property Analytics
Location Intelligence
Current Use by Public Records
IHOP
Restaurant
NASCAR Refuel Tenders ...
Restaurant
EquipmentShare
(Bike/Boat/Book/etc) Store
TenderFix by Noah ...
Restaurant
Thrilled Cheese
Restaurant
FAQs
What type of property is this?
NNN property - Fee simple absolute NNN property leased to EquipmentShare with corporate guarantee and a newly executed 15-year term.
Where is this nnn property located?
The property is located at 6901 E 38th St Indianapolis, IN.
What are key features of this property?
This property features: Fee simple absolute NNN investment property in Indianapolis leased to EquipmentShare with a corporate guarantee.; Tenant signed a new 15‑year lease with 2 (5‑year) options to extend.; Lease includes 1.70% annual rental increases throughout the initial term and option periods.
