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Auto Dealership

AutoSavvy | Absolute NNN Lease | 2% Annual Increases | $120K 2-Mile AHHI

9269 Park E Ct, Fishers (Indianapolis MSA), IN 46038

Listing Price: $2,999,999

Cap Rate
6.12%
Tenant Name
AutoSavvy Corp.
Years Remaining On Lease
5.6
Guarantor
Corporate Guarantee
Rentable SF
6,400
Lease Type
Absolute Net
Rent Per Square Feet
$28.69

Investment Overview

Marcus & Millichap is pleased to present for sale AutoSavvy, an absolute, triple-net-leased car dealership located in Fishers, Indiana. The property is primely located on 1.72 acres along State Road 37, the city’s main retail and commuting corridor that connects the northern suburbs directly to Indianapolis’ Interstate 465 beltway. Fishers is one of the most affluent suburbs of Indianapolis filled with residential communities and top tier schools. The average household income within a 2-mile radius is approximately $120,000. The immediate area is filled with master-planned retail shopping destinations such as Fisher’s Marketplace, Fisher’s District and Downtown Fishers; all of which have national retailers such as Top Golf, Ikea, Portillo’s, Starbuck’s, Chipotle, Lifetime Fitness, Walmart, Target, Shake Shack, and many more.

AutoSavvy currently has +/- 5.5 years remaining of their original 7-year lease and operates under an absolute triple-net basis, eliminating operating expenses for any investor. Auto Savvy is the nation's largest automotive retailer specializing in branded title vehicles, AutoSavvy has locations in 11 different states across the United States and they have opened 7 new locations since the beginning of 2022, they have over 20+ total locations.

The offering represents a great opportunity to invest in a property with exceptionally strong intrinsic real estate value within an affluent nationally ranked suburb of Indianapolis. Additionally, the landlord friendly lease calls for complete passivity with no landlord responsibilities with a recognized leader within the automotive space giving security to an incoming investor.

Investment Highlights

  • Single-Tenant Absolute Triple-Net Lease and Two Percent Annual Rent Escalators
  • Premier Location Surrounded by National Retailers and Current Developments
  • National Ranked Affluent Fishers, Indiana (Indianapolis Suburb)
  • Two-Mile Average Household Income of $120,000

Exclusively Listed By

Auto Dealership

AutoSavvy | Absolute NNN Lease | 2% Annual Increases | $120K 2-Mile AHHI

Listing Price: $2,999,999

Cap Rate
6.12%
Tenant Name
AutoSavvy Corp.
Years Remaining On Lease
5.6
Guarantor
Corporate Guarantee
Rentable SF
6,400
Lease Type
Absolute Net
Rent Per Square Feet
$28.69

Investment Highlights

  • Single-Tenant Absolute Triple-Net Lease and Two Percent Annual Rent Escalators
  • Premier Location Surrounded by National Retailers and Current Developments
  • National Ranked Affluent Fishers, Indiana (Indianapolis Suburb)
  • Two-Mile Average Household Income of $120,000

Investment Overview

Marcus & Millichap is pleased to present for sale AutoSavvy, an absolute, triple-net-leased car dealership located in Fishers, Indiana. The property is primely located on 1.72 acres along State Road 37, the city’s main retail and commuting corridor that connects the northern suburbs directly to Indianapolis’ Interstate 465 beltway. Fishers is one of the most affluent suburbs of Indianapolis filled with residential communities and top tier schools. The average household income within a 2-mile radius is approximately $120,000. The immediate area is filled with master-planned retail shopping destinations such as Fisher’s Marketplace, Fisher’s District and Downtown Fishers; all of which have national retailers such as Top Golf, Ikea, Portillo’s, Starbuck’s, Chipotle, Lifetime Fitness, Walmart, Target, Shake Shack, and many more. AutoSavvy currently has +/- 5.5 years remaining of their original 7-year lease and operates under an absolute triple-net basis, eliminating operating expenses for any investor. Auto Savvy is the nation's largest automotive retailer specializing in branded title vehicles, AutoSavvy has locations in 11 different states across the United States and they have opened 7 new locations since the beginning of 2022, they have over 20+ total locations. The offering represents a great opportunity to invest in a property with exceptionally strong intrinsic real estate value within an affluent nationally ranked suburb of Indianapolis. Additionally, the landlord friendly lease calls for complete passivity with no landlord responsibilities with a recognized leader within the automotive space giving security to an incoming investor.

Exclusively Listed By

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