10540 Pendleton Pike | Indianapolis, IN 46236
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10540 Pendleton Pike
Indianapolis, IN 46236
Advance Auto Parts · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- RECENT EARLY EXTENSION: recently executed an early 10-year extension, carrying the term through April 2035
- CORPORATE LEASE Advance Auto Parts, Inc. (NYSE: AAP) is a leading automotive aftermarket parts provider.
- STRONG RESIDUAL FUNDAMENTALS & UNMATCHED ACCESS prime location with direct access via a dedicated left-turn lane on Pendleton Pike to Thunderbird Road
- LONG-TERM OPERATING HISTORY Advance Auto has been operating at this location for over 20 years, underscoring its commitment to the site
- MINIMAL LL RESPONSIBILITIES Advance Auto Parts is responsible for taxes, insurance, parking lot, roof &HVAC. Landlord is responsible for struture.
- BUILT-IN CUSTOMER BASE There are over 25,500 households within a three-mile radius of the property
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.21 AC
Zoning
I3S - I3S (Medium Suburban District)
Parking
36 Spaces (5.14 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 49-08-04-128-013.000-407 | Improvements Assessment | $338,700 |
| Land Assessment | $317,700 | Total Assessment | $656,400 |
PROPERTY TAXES
Parcel Number
49-08-04-128-013.000-407
Land Assessment
$317,700
Improvements Assessment
$338,700
Total Assessment
$656,400
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