Property Details
- Property Type Retail
- Property Size 5,919 SF
- Lot Size 2.82 Acre
- Cap Rate % 4.75
- NOI / YR $239,044.00
- Year Built 2026
- Date Updated Jun 3, 2026
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Wawa investment property located in Indianapolis, Indiana. The tenant, Wawa recently signed a brand new 20 year lease with 6 (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 ground lease 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
Getting around
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36/100
Walk Score ®
-
29/100
Transit Score ®
-
45/100
Bike Score ®
Location
- City Indianapolis, IN
- Neighborhood Park 100
- Zip Code 46268
- Market Indianapolis
Points of Interest
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Speedway
0.09 miles
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BP
0.44 miles
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Genesys Car Charging Station
1.44 miles
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Marathon
1.75 miles
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Costco Gasoline
1.76 miles
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Citgo
1.87 miles
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BP/Ricker's
2.06 miles
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ChargePoint
2.08 miles
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Mobil
2.14 miles
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Kroger
2.18 miles
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Loading zone
1.46 miles
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Employee & Visitor Parking
1.66 miles
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truck/bus parking
2.02 miles
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Starling Nature Sanctuary Eagle Creek Park
3.13 miles
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HACKL Building Parking
3.29 miles
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St. Vincent's Main Visitor Parking
3.29 miles
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HACKL/Fine Papers Building Parking
3.30 miles
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Admin Building Parking
3.32 miles
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St. Vincent's Parking Deck
3.40 miles
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Carmel Clay Community Soccer Complex Parking Lot
4.65 miles
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Wendy's
0.10 miles
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Qdoba
0.13 miles
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Arby's
0.14 miles
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DiBella Subs
0.14 miles
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Noodles & Company
0.17 miles
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Macaroni Grill
0.22 miles
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Taco Bell
0.22 miles
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LongHorn Steakhouse
0.30 miles
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Chili's
0.43 miles
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Panera Bread
0.48 miles
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ALDI
1.96 miles
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Kohl's
2.12 miles
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Marshalls
2.19 miles
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Target
2.21 miles
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Walmart Supercenter
2.25 miles
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Trader Joe's
2.45 miles
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Kroger
2.49 miles
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Fresh Thyme
2.99 miles
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Aimmart International Super Mercado
3.86 miles
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Ross
5.56 miles