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Indianapolis, IN NNN Properties for Sale

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Indianapolis Investment Opportunity
Updated: Apr 23
Indianapolis Investment Opportunity

6925 Parksdale Place, Indianapolis, IN 46254

$1,285,000
1.60 AC lot
Long‑term lease in place through September 2030 with a 5‑year renewal option through 2034.
Tenant is Hopebridge Autism Center, in place since 2017.
Net Operating Income (NOI) of $96,612.
Appealing 7.5% Cap Rate.
3% NNN Lease.
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NNN-Leased Dollar General Retail
Updated: Jul 9
NNN-Leased Dollar General Retail

2120 West Morris Street, Indianapolis, IN 46221

Contact for pricing
11,902 sqft
Dollar General retail investment offered under a net lease (NN) structure in Indianapolis, IN
Property built in 1970
Tenant is Dollar General, operating more than 19,000 stores across the U.S.
Net lease structure intended to provide stable cash flow with limited landlord responsibilities and long‑term income
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Class B Office Investment Property
Class B Office Investment Property

5342 W Vermont St, Indianapolis, IN 46224

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19,700 sqft 1.96 AC lot

19,700 SF Class B office on 1.958 acres with about 60 parking spaces and in-place NNN leasing through 2027.

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Meineke Car Care Center NNN
Meineke Car Care Center NNN

5323 W 38th St, Indianapolis, IN 46254

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3,080 sqft

Absolute NNN lease with a 15-year term and built-in 10% rent escalations every five years at a Meineke auto care center.

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Dutch Bros Drive-Thru NNN Investment
Dutch Bros Drive-Thru NNN Investment

8525 S Emerson Avenue, Indianapolis, IN 46237

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950 sqft

Newly constructed Dutch Bros drive-thru on an absolute NNN lease with zero landlord responsibilities and contractual rental increases.

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Single-Tenant Absolute NNN Restaurant
Single-Tenant Absolute NNN Restaurant

7345 E Washington St, Indianapolis, IN 46219

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5,230 sqft

Absolute NNN-leased Applebee99s single-tenant restaurant in Indianapolis, operated by Flynn Group and guaranteed by Apple American Group LLC.

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Head Start Day Care NNN
Head Start Day Care NNN

5520 W. 38th St., Indianapolis, IN 46254

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15,400 sqft

Fee-simple NNN sale with a federally designated Head Start tenant and recent tenant-funded renovation.

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Absolute NNN Equipment Rental Building
Absolute NNN Equipment Rental Building

6901 E 38th St, Indianapolis, IN 46226

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26,000 sqft 6.00 AC lot

Fee simple absolute NNN property leased to EquipmentShare with corporate guarantee and a newly executed 15-year term.

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PetSmart NNN Lease Investment
PetSmart NNN Lease Investment

5151 E 82nd St, Indianapolis, IN

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26,290 sqft 31.98 AC lot

Absolute NNN PetSmart with new 12-year lease in Castleton, IN.

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NNN Specialty Property
NNN Specialty Property

3725 N Keystone Ave, Indianapolis, IN 46218

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NNN commercial property offered for sale with a stated 6.50% cap rate.

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Single-Tenant NNN Retail Property
Single-Tenant NNN Retail Property

1752 Shadeland Ave, Indianapolis, IN 46219

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Single-tenant Red Lobster retail asset leased on an absolute NNN basis with a lease term through June 2035.

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Modern Bulk Warehouse Building
Modern Bulk Warehouse Building

1230 S Post Rd, Indianapolis, IN 46239

Contact for pricing

Brand-new bulk warehouse is 100% leased to Airtron Inc under a 10-year triple-net structure.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Indianapolis, 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.

Dual-Tenant Drive-Through Retail Investment
Dual-Tenant Drive-Through Retail Investment

718 US 31 S, Greenwood, IN 46142

$2,836,364
2,709 sqft 1.12 AC lot

NNN retail asset with Subway and Biggby Coffee, plus a leased parking lot, recently remodeled for modern food-and-beverage use.

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Signalized Intersection NNN Opportunity
Signalized Intersection NNN Opportunity

2512 S Scatterfield Rd, Anderson, IN 46016

Contact for pricing
5,919 sqft

New 20-year NNN ground lease at signalized intersection.

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Absolute NNN Investment Property
Absolute NNN Investment Property

1129 E MAIN ST, Greenwood, IN 46143

Contact for pricing
2,080 sqft

Absolute NNN offering with 1.50% annual bumps and over 19 years at the same location.

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Retail Property on Scatterfield Road
Retail Property on Scatterfield Road

6818 S Scatterfield Rd, Anderson, IN 46013

$3,497,000

Retail property with limited landlord responsibilities in Anderson, Indiana.

View details

Indianapolis, IN Nnn Properties Market Trends and Statistics

Explore 12 nnn properties for sale in Indianapolis, IN, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 108,552 square feet of properties for sale, with an estimated market value of $1,285,000.

Sale prices for triple net lease properties in Indianapolis, IN average $1,285,000 — 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 979K
Population Growth (5Y) +2.8%
Median Household Income $67,417
College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46205 $1.4M
46254 $2M
46237 $3.1M

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $41.61 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

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

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