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For Sale

5235 E 64th St

5235 E 64th St, Indianapolis, IN 46220

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Take 5 Oil Change investment property located in Indianapolis, Indiana. The tenant, Take 5 Oil Change, signed a 11-year lease paying $99,000 in annual NOI with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Calvin Short

SRS Real Estate Partners

broker
Matthew Coates

SRS Real Estate Partners

broker
Zack Williams

SRS Real Estate Partners

broker
Cortland Lioi

SRS Real Estate Partners

Building Details

  • For Sale $1,584,000
  • Property Type Retail
  • Property Size 2,389 SF
  • Lot Size 0.24 Acre
  • Cap Rate % 6.25
  • Date Updated Apr 14, 2026

Getting Around

  • Walk Score ®

    Car-Dependent (47)
  • Transit Score ®

    Minimal Transit (20)
  • Bike Score ®

    Somewhat Bikeable (39)
Powered by Walk Score ®

Location

  • City Indianapolis, IN
  • Neighborhood Allisonville
  • Zip Code 46220
  • Market Indianapolis

Points of Interest

Shell

0.31 miles

Marathon

1.02 miles

Kroger Fuel Center

1.05 miles

BP

1.81 miles

ChargePoint

2.58 miles

eVgo

3.22 miles

Tesla Supercharger

3.24 miles

Tesla Destination Charger

8.19 miles

Cumulus Parking lot

1.89 miles

bus

2.27 miles

Walnut Trailhead Parking

2.52 miles

Lawrence Creek Trailhead Parking

3.05 miles

Back-In Parking

3.27 miles

East Parking Pavilion

3.28 miles

Ironworks Hotel

3.35 miles

Fresh Thyme/The Coil Parking Garage

3.44 miles

The Depot

6.77 miles

Kroger

1.08 miles

Walmart Neighborhood Market

1.29 miles

Target

2.10 miles

Ross

2.12 miles

Clearwater Springs

2.19 miles

ALDI

2.19 miles

Trader Joe's

2.20 miles

Walmart Supercenter

2.32 miles

TJ Maxx

2.40 miles

5235 E 64th St Listing Summary

  • What is the asking price at 5235 E 64th St?

    5235 E 64th St is currently listed for sale at Contact for pricing.

  • What is the total size of 5235 E 64th St?

    5235 E 64th St has a total of 2,389 square feet.

Contact 5235 E 64th St
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