Home › NNN Properties For Sale › Indiana › Marion County
29 NNN properties are observed for sale in Marion County, Indiana across 19 tenants and 2 towns as of November 9, 2026, at a median asking cap rate of 6.60%, 10 basis points above the Indiana median of 6.50%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Marion County prices against Indiana and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Marion County run from 4.50% to 8.75%, with the middle half of listings between 5.60% and 7.21%. Median asking price $2.71M (median $699 per SF). Average remaining lease term 6.7 years among 8 listings that state a term. 3 listings report a 2026 build year. 15 listings were first observed and 10 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Marion County vs Indiana and the National NNN Market
| Measure | Marion County | Indiana | United States |
|---|---|---|---|
| Observed listings | 29 | 198 | 7,398 |
| Median asking cap rate | 6.60% | 6.50% | 6.35% |
| Middle half of asking cap rates | 5.60% to 7.21% | 5.75% to 7.25% | 5.70% to 7.15% |
| Median asking price | $2.71M | $2.51M | $2.77M |
| Average remaining lease term (listings stating a term) | 6.7 yrs | 9.1 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 28% | 32% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in Marion County: Latest Listings
Up to twenty-four single-tenant net lease properties in Marion County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Marion County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| Hardee's | Indianapolis | $858,169 | 7.00% | $60,072 | n/a | 1970 | Not stated | Get full property data |
| Oil Changers | Indianapolis | $1,414,286 | 7.00% | $99,000 | n/a | 2000 | Not stated | Get full property data |
| GetGo | Indianapolis | $5,000,000 | 5.50% | $274,985 | n/a | 2016 | Not stated | Get full property data |
| Dutch Bros | Indianapolis | $3,079,745 | 5.50% | $169,386 | n/a | 2025 | Not stated | Get full property data |
| Bank of America | Indianapolis | $2,444,000 | 4.50% | $110,000 | n/a | 2026 | Not stated | Get full property data |
| 7-Eleven | Indianapolis | $4,788,059 | 5.00% | $239,403 | n/a | 1995 | Not stated | Get full property data |
| 7 Brew | Indianapolis | $2,688,135 | 6.00% | $161,288 | n/a | n/a | Not stated | Get full property data |
| Community Go Health Urgent Care | Indianapolis | $5,240,000 | 6.80% | $356,256 | n/a | 2016 | Not stated | Get full property data |
| Dollar Tree | Indianapolis | $1,187,500 | 8.00% | $95,000 | n/a | 1978 | Not stated | Get full property data |
| Panera Bread | Indianapolis | $4,076,000 | 5.25% | $214,000 | n/a | 2025 | Not stated | Get full property data |
| KinderCare | Indianapolis | $5,861,333 | 7.50% | $439,582 | n/a | 1994 | Not stated | Get full property data |
| Meineke | Indianapolis | $1,499,000 | 6.40% | $96,000 | n/a | 2009 | Not stated | Get full property data |
| Shell and Jiffy Lube | Indianapolis | $2,000,000 | 7.26% | $145,200 | n/a | 1986 | Not stated | Get full property data |
| Oak Street Health | Indianapolis | $4,714,286 | 7.00% | $330,000 | 12.3 yrs | 1993 | NNN | Get full property data |
| Taco Bell | Indianapolis | $3,010,704 | 6.25% | $188,169 | 6.4 yrs | 2006 | Absolute NNN | Get full property data |
| Lighthouse Autism Center | Indianapolis | $3,000,000 | 7.21% | $216,428 | n/a | 1990 | Not stated | Get full property data |
| Hopebridge | Indianapolis | $1,620,000 | 6.86% | $111,200 | 1.7 yrs | 1990 | Absolute NNN | Get full property data |
| Best Friends Pet Care | Indianapolis | $2,574,841 | 8.75% | $225,298 | 8.4 yrs | 2000 | Absolute NNN | Get full property data |
| Walgreens | Indianapolis | $3,578,000 | 8.25% | $295,200 | 5.6 yrs | 2007 | NNN | Get full property data |
| Not stated | Beech Grove | $8,862,800 | 7.75% | n/a | n/a | 1969 | Not stated | Get full property data |
| 7-Eleven | Indianapolis | $6,538,917 | 5.00% | $326,946 | n/a | 1998 | Not stated | Get full property data |
| Community Go Health Urgent Care | Indianapolis | $2,710,000 | 6.65% | $180,000 | n/a | 2003 | Not stated | Get full property data |
| 7 Brew | Indianapolis | $2,688,130 | 6.00% | $161,288 | n/a | 2026 | Not stated | Get full property data |
| KinderCare | Indianapolis | $4,489,448 | 7.25% | $325,485 | 10.5 yrs | 2019 | NNN | Get full property data |
Showing 24 of 29 observed Marion County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Marion County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| 7 Brew | 3 | 6.00% | 6.00% | $2.69M | |
| 7-Eleven | 3 | 5.00% | 5.00% to 5.25% | $6.54M | 7-Eleven NNN for sale |
| Community Go Health Urgent Care | 2 | 6.73% | 6.65% to 6.80% | $3.98M | |
| Dollar Tree | 2 | 7.30% | 6.60% to 8.00% | $1.29M | Dollar Tree NNN for sale |
| Dutch Bros | 2 | 5.58% | 5.50% to 5.65% | $2.82M | Dutch Bros NNN for sale |
| KinderCare | 2 | 7.38% | 7.25% to 7.50% | $5.18M | |
| Taco Bell | 2 | 5.93% | 5.60% to 6.25% | $2.72M | Taco Bell NNN for sale |
| Bank of America | 1 | n/a | 4.50% | $2.44M | Bank of America NNN for sale |
| Best Friends Pet Care | 1 | n/a | 8.75% | $2.57M | |
| GetGo | 1 | n/a | 5.50% | $5.00M | |
| Hardee's | 1 | n/a | 7.00% | $0.86M | |
| Hopebridge | 1 | n/a | 6.86% | $1.62M | |
| Shell and Jiffy Lube | 1 | n/a | 7.26% | $2.00M | Shell and Jiffy Lube NNN for sale |
| Lighthouse Autism Center | 1 | n/a | 7.21% | $3.00M | |
| Meineke | 1 | n/a | 6.40% | $1.50M | |
| Oak Street Health | 1 | n/a | 7.00% | $4.71M | |
| Oil Changers | 1 | n/a | 7.00% | $1.41M | |
| Panera Bread | 1 | n/a | 5.25% | $4.08M | |
| Walgreens | 1 | n/a | 8.25% | $3.58M | Walgreens NNN for sale |
Tenants with the most Marion County listings observed (all 19).
Tenant Credit in Marion County
8 of 29 observed Marion County listings (28%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 32% across Indiana and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
Marion County NNN Properties by Town
The towns with the most observed Marion County listings are Indianapolis (28) and Beech Grove (1). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Indianapolis | 28 | 6.50% | $3.23M |
| Beech Grove | 1 | n/a | $8.86M |
Towns as named in each listing (all 2).
Marion County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 992,196 (+1.6% since 2020) | 2025 | FRED INMARI0POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 3.7% | September 2026 | FRED INMARI0URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $75,002 | 2024 | FRED PCPI18097, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering Marion County
- NNN properties for sale in Hamilton County, Indiana (6 listings)
- NNN properties for sale in Hendricks County, Indiana (6 listings)
- NNN properties for sale in Johnson County, Indiana (4 listings)
- NNN properties for sale in Boone County, Indiana (3 listings)
- NNN properties for sale in Hancock County, Indiana (3 listings)
- NNN properties for sale in Morgan County, Indiana (2 listings)
- NNN properties for sale in Shelby County, Indiana (2 listings)
Counties that share a land border with Marion County, by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Marion County, Indiana across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Indiana page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Indiana and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in Marion County
How many NNN properties are for sale in Marion County, Indiana?
As of November 9, 2026, 29 single-tenant net lease properties are observed for sale in Marion County across 19 tenants and 2 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are Marion County NNN properties asking?
The median asking cap rate is 6.60%, with the middle half of listings between 5.60% and 7.21%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does Marion County compare with the rest of Indiana?
The Marion County median asking cap rate of 6.60% sits 10 basis points above the Indiana median of 6.50%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most Marion County NNN listings?
The tenants with the most observed listings are 7 Brew (3) and 7-Eleven (3), then several tenants tied at 2 listings each.
Which towns in Marion County have the most NNN listings?
The towns with the most observed listings are Indianapolis (28) and Beech Grove (1). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in Indiana, with Indiana transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
