Meineke | 15 Year | Low Price Point
Low Basis, with Strong Guaranty
Indianapolis, Indiana
$960,000
Price
6.25%
Cap Rate
$60,000
NOI
Established Meineke auto service site on a primary Indianapolis east-west arterial. Brand New 15 Year Absolute NNN Lease with zero landlord responsibilities. Guaranteed by Solvix Auto LLC - the largest Meineke franchisee in the United States. Direct frontage and visibility to approximately 34,000 vehicles daily on E Washington Street (US Route 40).
US-40 / E Washington Street connects downtown Indianapolis to the eastern suburbs, supporting consistent daily traffic volumes. Positioned near the I-465 interchange at E Washington Street, providing direct regional connectivity across the Indianapolis metro. Dense Indianapolis trade area with 59,790 residents within 3 miles and nearly 192,000 within 5 miles.
Advisors
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