Pep Boys at Northfield Crossing

Brownsburg, Indiana
Property Overview
2679 IN-267, Brownsburg, IN 46112
6,936 square footage
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Listing Broker

Pep Boys 15-year guaranteed lease with 3, 5 year options. 6% rent increases every 5 years. Brand new construction completion in May 2023.

  • 2% Broker Co-op

  • Minimal Landlord Responsibilities: With a NN+ Lease, there are minimal landlord responsibilities (roof, exterior walls and parking replacement only if properly maintain by tenant)

  • Corporate Lease: This is a corporate location with Pep Boys operating and paying the rent

  • Rental Increases: 6% every 5 years during the Base Term and Option Terms

  • New Construction: Brand New 15-year lease, delivery date set for May

  • Surrounding Developments: Subject property is on an outlot of a planned multifamily, and retail development that continues to grow.

  • Dense Surrounding Population: Subject property is surrounded by single and multi-family developments.

  • Sought After Retail: Auto service providers are sought after retail investments due to thier ecommerce proof business structure and defense against recessions with business often times improving during downturn turns in the economy

  • High Growth Market: The population in a three mile radius of this store has grown by 15% in the last 10 years with continued planned growth