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Rainstorm Express Car Wash
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8585 East 37th Avenue, Hobart, IN 46342

The Hobart property is subject to a long-term triple-net lease.

Property Size5,904 SF
Lot Size2.63 Acres
Price / SF$803.69
Days on Market6

Property Features for 8585 East 37th Avenue

General Information

Standard status Active
Size 5,904 SF
Lot size 2.63 Acres
Property subtype Retail, Special Purpose
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:14PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Rainstorm Express Car Wash occupies a 5,904-square-foot building on an estimated 2.63-acre parcel. The property is at 8585 East 37th Avenue in Hobart, Indiana.

The car wash is leased under a 20-year NNN agreement that commenced 12/22/2020, with scheduled annual rent increases of 2.00%.

Key Highlights

  • 5,904 rentable square feet of building space
  • Estimated 2.63‑acre parcel
  • 20‑year NNN lease commenced 12/22/2020

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 14% Beauty & Spa 3% Electronics 2%
McDonald's Dining
35,246 visits/mo 0.5 miles
White Castle Dining
16,812 visits/mo 0.4 miles
Taco Bell Dining
15,323 visits/mo 0.2 miles
Shell Shops & Services
9,323 visits/mo 0.4 miles
Burger King Dining
8,502 visits/mo 0.4 miles

Demographics for 46342, IN

32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value

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?
Car wash - The Hobart property is subject to a long-term triple-net lease.
Where is this car wash located?
The property is located at 8585 East 37th Avenue Hobart, IN.
What is the asking price?
The asking price for this property is $4,745,007.
What are key features of this property?
This property features: 5,904 rentable square feet of building space; Estimated 2.63‑acre parcel; 20‑year NNN lease commenced 12/22/2020
(332) 345-4222 Call to check price and availability
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