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Christian Brothers Auto 4985 W Smith Valley Rd 5,082 SF Retail Building Greenwood, IN 46142 $3,703,000 ($728.65/SF) 6.25% Cap Rate
Investment Highlights
- 9+ Years Remaining | Options To Extend | Annual Rental Increases
- Signalized, Hard Corner Intersection | Interstate 69 (42,300 VPD) |Dense Retail Corridor
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics In The Immediate Trade Area
Executive Summary
This net-leased investment opportunity features a high-performing Christian Brothers Automotive facility strategically positioned on a hard corner at W Smith Valley Rd and W Morgantown Rd. Located approximately one mile from Interstate 69, the property benefits from exceptional visibility and traffic volume along a dense retail corridor anchored by prominent national brands, including The Home Depot, Meijer, Kroger, Chick-fil-A, and Texas Roadhouse.
Offered at $3,703,000, this fee-simple asset operates under an Absolute NNN lease with zero landlord responsibilities, providing investors with a reliable, passive income stream. The existing corporate lease has more than nine years remaining and includes structured annual rent increases, supporting long-term income growth and inflation hedging. This 2019-built facility offers modern construction and strong synergy within a highly affluent trade area supported by over 120,600 residents and 34,700 employees.
The property’s position near major highways and within one of Greenwood’s most active commercial corridors delivers enduring appeal for retail auto services while minimizing operational risk for the owner. Investors will appreciate the combination of stable cash flow, minimal management requirements, and superior location fundamentals that make this offering a stand-out choice for secure long-term returns.
Offered at $3,703,000, this fee-simple asset operates under an Absolute NNN lease with zero landlord responsibilities, providing investors with a reliable, passive income stream. The existing corporate lease has more than nine years remaining and includes structured annual rent increases, supporting long-term income growth and inflation hedging. This 2019-built facility offers modern construction and strong synergy within a highly affluent trade area supported by over 120,600 residents and 34,700 employees.
The property’s position near major highways and within one of Greenwood’s most active commercial corridors delivers enduring appeal for retail auto services while minimizing operational risk for the owner. Investors will appreciate the combination of stable cash flow, minimal management requirements, and superior location fundamentals that make this offering a stand-out choice for secure long-term returns.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,082 SF
Building Class
B
Year Built
2020
Price
$3,703,000
Price Per SF
$728.65
Cap Rate
6.25%
NOI
$231,420
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.76 AC
Zoning
GC - General Commercial
Parking
39 Spaces
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 41-04-03-022-094.001-038 | Improvements Assessment | $654,000 |
| Land Assessment | $370,100 | Total Assessment | $1,024,100 |
Property Taxes
Parcel Number
41-04-03-022-094.001-038
Land Assessment
$370,100
Improvements Assessment
$654,000
Total Assessment
$1,024,100
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