988 E Main St
Greenwood, IN 46143
Subway | 15-Year NNN Sale-Leaseback | IN · Retail Property For Sale

Marcus & Millichap is pleased to present the opportunity to acquire a ±2,371-square-foot freestanding Subway restaurant situated on ±0.55 acres at 988 E Main Street in Greenwood, Indiana. This newly renovated 2025 drive-thru location is being offered as a 15-year NNN sale-leaseback, providing investors with immediate, passive income. The lease commences at the close of escrow, delivering long-term stability with zero landlord responsibilities.
Positioned along E Main Street—one of Greenwood’s primary commercial corridors—the property benefits from excellent visibility, strong traffic counts, and direct access to the US-31 retail trade area. The site is surrounded by major national retailers including Walmart, Kroger, Meijer, Sam’s Club, Costco, Floor & Décor, Dutch Bros, Zaxby’s, Freddy’s, and numerous daily-use services that drive consistent destination traffic. Its proximity to Interstate 65 (±115,022 VPD) further enhances regional connectivity and customer draw.
Greenwood is a thriving suburb within the Indianapolis MSA, one of the Midwest’s most stable and expanding metropolitan regions with a population exceeding 2 million. The surrounding 3-, 5-, and 10-mile trade areas boast strong demographics, including high household incomes and a robust employment base. Continued residential development, infrastructure investment, and commercial growth reinforce long-term demand for quick-service dining options in this corridor.