5235 E 64th St | Indianapolis, IN 46220
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- LoopNet Team
5235 E 64th St
Indianapolis, IN 46220
Take 5 Oil Change | Indianapolis · Retail Property For Sale
Investment Highlights
- New 15-year absolute NNN lease with a strong guaranty from the largest Take 5 franchisee in the country
- 10% rental increases every five (5) years in initial term and option periods, providing a hedge against inflation
- Direct access at a signalized intersection to 37,098 AADT on Binford Boulevard
- Take 5 is a subsidiary of Driven Brands, Inc. (4,500 units with over $4.7 billion in annual system-wide sales)
- No landlord responsibilities, ideal for an out-of-town investor
- Exceptionally strong demographics, with 203,661 residents within a five-mile radius, providing a consistent customer base for the property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,389 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.24 AC
Zoning
ZO01
Frontage
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 49-02-33-115-156.000-800 | Improvements Assessment | $324,590 |
| Land Assessment | $61,847 | Total Assessment | $386,437 |
PROPERTY TAXES
Parcel Number
49-02-33-115-156.000-800
Land Assessment
$61,847
Improvements Assessment
$324,590
Total Assessment
$386,437
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