Key facts
- Living area
- 5,352 sqft
- Lot
- 0.51 acres
- Type
- Commercial Sale · Industrial
- MLS #
- 22094265
- County
- Putnam
- Total building area
- 5,352 sqft
About this home
NNN Automotive Investment - A stabilized, triple-net automotive repair facility representing a 9% cap rate at the asking price. The property features multiple drive-through service bays across two connected structures with concrete block and metal panel construction, a standing-seam metal roof. Situated on a high-visibility corner lot with ample surface parking and dual-direction access, the property benefits from a captive local service market within an established residential community. With landlord expenses minimized by the NNN lease structure, this is a clean yield play in a recession-resistant, internet-proof asset category.
Description provided by the listing brokerage.
Exterior
- Parking and garage
Systems
- Heating
- Cooling
- Utilities
Lot and HOA
- Zoning
- CBD
Schools
- Elementary school
- Cloverdale Elementary School
- Middle school
- Cloverdale Middle School
- High school
- Cloverdale High School
- School district
- Cloverdale Community Schools
Taxes
- Estimated annual tax
- $2,614 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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