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Carmel, IN NNN Properties for Sale

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Corporate NNN Day Care Center
Updated: Feb 25
Corporate NNN Day Care Center

10216 N Michigan Rd, Carmel, IN 46032

$6,143,000
15‑year corporate lease with Nest School
2% annual rental increases in the lease
Three 5‑year extension options with increased rents
Recent build‑to‑suit construction
Membrane roof warranty with approximately 13 years remaining
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Freestanding Auto Shop with Absolute NNN Lease
Updated: Apr 12
Freestanding Auto Shop with Absolute NNN Lease

531 S Rangeline Rd, Carmel, IN 46032

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6,600‑square‑foot freestanding auto shop occupied by Tires Plus
Corporate‑backed absolute NNN lease with more than six years remaining
Four option periods include 10 percent rent increases at the beginning of each period
Bridgestone Retail Operations, LLC provides the corporate guarantee
Concrete‑block construction with concrete slab and concrete bearing walls
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant NNN School Building
Single-Tenant NNN School Building

18110 Grassy Branch Road, Westfield, IN 46074

Contact for pricing
10,875 sqft 2.06 AC lot

15-year Modified Triple Net lease with scheduled annual rent increases for a dedicated education operator.

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7 Brew Double Drive-Thru NNN Property
7 Brew Double Drive-Thru NNN Property

8650 Michigan Road, Indianapolis, IN 46268

Contact for pricing
760 sqft

Brand-new ground lease asset with a long-term net lease and no landlord responsibilities.

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Drive-Through Restaurant NNN
Drive-Through Restaurant NNN

222 E 175th St, Westfield, IN 46074

Contact for pricing
3,200 sqft

Brand new drive-thru restaurant on an absolute NNN lease with 8% increases every five years.

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NNN Auto Service Building
NNN Auto Service Building

8579 N Michigan Rd, Indianapolis, IN 46268

Contact for pricing

NNN car and tire auto service property available for purchase at 8579 N Michigan Rd in Indianapolis.

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Carmel, IN Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Carmel, IN on our real estate platform.

Sale prices for triple net lease properties in Carmel, IN average $6,143,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 145K
Population Growth (5Y) +1.7%
Median Household Income $128,931
College Educated 82.0%

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $24.58 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Carmel fall within the 100,000+ square foot range.

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