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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
SRS Real Estate Partners
SRS Real Estate Partners
SRS Real Estate Partners
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
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Walk Score ®
Car-Dependent (47) -
Transit Score ®
Minimal Transit (20) -
Bike Score ®
Somewhat Bikeable (39)
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
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What is the asking price at 5235 E 64th St?
5235 E 64th St is currently listed for sale at Contact for pricing.
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What is the total size of 5235 E 64th St?
5235 E 64th St has a total of 2,389 square feet.