Skip to main content

Auto Parts

TruckPro

1405 Thompson Rd, Indianapolis, IN 46217

Listing Price: $3,804,347

Cap Rate
5.75%
Tenant Name
TruckPro, LLC
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
16,867
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.97

Investment Overview

INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a TruckPro located at 1405 West Thompson Road in Indianapolis, Indiana. The site consists of roughly 16,867 rentable square feet of building space on estimated 4.82-acre parcel of land. This TruckPro is subject to a 15-year absolute triple-net (NNN) lease. The annual rent is scheduled to increase by 2% annually beginning in 2025. TruckPro has 2 renewal options of 5 years each.

Investment Highlights

  • Long-Term, 15-Year Absolute Triple Net (NNN) Lease
  • Strong Corporate Guaranty with 145+ Locations
  • Two Percent (2%) Annual Rental Increases Beginning in 2025

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Listing Price: $3,804,347

Cap Rate
5.75%
Tenant Name
TruckPro, LLC
Years Remaining On Lease
15.3
Guarantor
Corporate Guarantee
Rentable SF
16,867
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$12.97

Investment Highlights

  • Long-Term, 15-Year Absolute Triple Net (NNN) Lease
  • Strong Corporate Guaranty with 145+ Locations
  • Two Percent (2%) Annual Rental Increases Beginning in 2025

Investment Overview

INVESTMENT SUMMARY Marcus & Millichap is pleased to present the exclusive listing for a TruckPro located at 1405 West Thompson Road in Indianapolis, Indiana. The site consists of roughly 16,867 rentable square feet of building space on estimated 4.82-acre parcel of land. This TruckPro is subject to a 15-year absolute triple-net (NNN) lease. The annual rent is scheduled to increase by 2% annually beginning in 2025. TruckPro has 2 renewal options of 5 years each.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

MM Texture Background
MM Textured Background Lower