Rize Commercial Realty

04/13/2026

6900 E 21st St, Indianapolis, IN 46219
For Sale - $1,000,000

±10.523 acres of raw land zoned C-4 & D-4, located less than one mile from I-70 with easy highway access. The property features approximately 440 feet of road frontage on E 21st St. All utilities are available at or near the site. This property presents a strong opportunity for commercial or mixed-use development in a well-positioned location. Agent has an ownership interest in the property.

See the complete listing details at: https://www.rizecommercialrealty.com/properties/6900-e-21st-st%2C-indianapolis%2C-in-46219

01/22/2026

What does “NNN” actually mean in commercial real estate?

In commercial leasing, “NNN” (Triple Net) means the tenant pays more than just base rent.

Here’s the full breakdown 👇

NNN = Net Taxes + Net Insurance + Net Maintenance

That means the tenant is typically responsible for:
• Property taxes
• Property insurance
• Common area maintenance (CAM)

CAM can include items like:
– Parking lot maintenance
– Snow removal
– Landscaping
– Lighting
– Trash
– Management fees

So instead of one all-in rent number, tenants usually pay:
Base Rent + NNN expenses

Example:
If base rent is $10/SF and NNNs are $3/SF, the total occupancy cost is $13/SF.

Important: Not all NNN leases are the same. This is where many tenants and even some owners get surprised. Some leases include:
• Caps on NNN increases
• Exclusions for capital expenses
• Roof and structure remaining landlord responsibilities

Others do not. That’s why two buildings with the same rent can have very different total costs.

Why landlords like NNN leases:
• Predictable income
• Lower operating risk
• Expenses passed through to tenants

Why tenants need to review them carefully:
• NNNs can increase annually
• Poorly maintained properties = higher costs
• Lease language matters more than the rate

Bottom line:
NNN doesn’t mean “simple.” It means understanding the details matters. If you’re leasing or buying commercial property, make sure you’re evaluating the total occupancy cost — not just the base rent.

Let us help you with your commercial real estate needs!

rizecommercialrealty.com
(317) 657-9985

Send a message to learn more

12/12/2025

7.5 acres of Industrial land sold on the west side of Indianapolis at list price! The property had the highest industrial zoning, utilities nearby, and was located just a few miles from I-465 & I-74.

(317) 657-9985
[email protected]

12/12/2025

For Sale - 30 acres of raw land for sale. There has been and is a great deal of industrial development within a 3-mile radius of the property. It is located just east of I-65 and has excellent visibility from the interstate. It's a prime candidate for being rezoned for commercial or industrial use.

See more details at: https://www.rizecommercialrealty.com/properties/300e

(317) 657-9985
[email protected]

12/12/2025

For Sale - This piece of land is located just 2.1 miles from I-69 and is part of Noblesville's master-planned 300 to 400-acre district, Innovation Mile. The city hopes to attract companies in the medical, tech, biosciences, pharmaceutical, and advanced manufacturing sectors. In November 2022, the city expanded the scope of Innovation Mile to Cyntheanne Rd. It’s estimated that Innovation Mile could leverage more than $500 million in private investment. The agent has an ownership interest in the property.

See more details at: https://www.rizecommercialrealty.com/properties/0prairiebaptistrd

(317) 657-9985
[email protected]

12/12/2025

For Lease - Roughly 7.4 acres remaining (divisible) of outdoor storage space in near eastside Indianapolis is available for lease. It is zoned I-2, and the lot is covered with gravel. There is about 320' of frontage on N Sherman Dr. The property has quick access to I-70 (2 miles away) and I-465 (5 miles away).

See more details at: https://www.rizecommercialrealty.com/properties/2505nshermandr

(317) 657-9985
[email protected]

12/12/2025

For Sale - This 21.2-acre site is located just around the corner of the Indianapolis Motor Speedway and within 5 miles of downtown Indianapolis. Major interstates 65, 70, 74, and 465 are all within a 6-mile radius. Its central location, size, and industrial (I-3) zoning make this a one-of-a-kind property. All utilities are near the site. A Phase I environmental assessment and boundary and topographic survey are available upon request.

More details at:
https://www.rizecommercialrealty.com/properties/3725w30thst

(317) 657-9985
[email protected]

12/12/2025

Industrial flex space building composed of 11,430 square feet, 4 overhead doors, 3 phase power, and fenced outdoor storage space.

(317) 657-9985
[email protected]

12/12/2025

For Lease - Truck terminal located right off of exit 78 of I-70, just 3 miles from downtown Indianapolis. The 4.36 acre lot is fully fenced with electronic gate access and 24-hour camera surveillance. The recently renovated 11,760-square-foot building has 22 dock doors, 2 door drive-through bay repair shop, and 3,000 square feet of office space.

See more details at: https://www.rizecommercialrealty.com/properties/1401wrayst

(317) 657-9985
[email protected]

12/12/2025

Harjod Cheema - Broker

As a Commercial Real Estate Broker at Rize Commercial Realty, Harjod provides full-spectrum advisory and brokerage services of acquisition, leasing, and disposition across the retail and industrial sectors. Whether representing investors, owner-users, tenants, or developers, Harjod delivers tailored strategies that align with each client’s operational goals and financial objectives.

In his 3 years of being a broker, Harjod has led acquisition and disposition efforts of $5 million in Industrial investments, while also supporting businesses with site selection, lease negotiations, market positioning, and property valuations. His ability to bridge the gap between real estate fundamentals and financial insight stems from his academic background in Finance and Real Estate through the Kelley School of Business—equipping him to assess opportunities through both a strategic and analytical lens.

His approach combines data-driven analysis, market expertise, and strong client relationships to unlock value in every transaction. At Rize, he is proud to be part of a team committed to delivering smart, ethical, and impactful real estate solutions across all facets of the industry.

In his free time, Harjod enjoys spending quality time with family, hiking, and playing basketball.

317-602-9261
[email protected]

12/12/2025

Karan Cheema - CEO/Managing Broker

Karan began his career in 2008 working in his family’s trucking business, where he quickly developed a strong work ethic and entrepreneurial mindset. By 2016, he became CEO and led the company through significant growth, expanding operations from just twenty trucks to seventy before successfully selling the business in 2021. Along the way, Karan began investing in commercial properties, managing them himself and discovering a true passion for real estate. He enjoyed connecting with people, negotiating deals, and playing a role in helping other businesses grow and succeed.

Driven by this passion, Karan founded Rize Commercial Realty in 2021. His unique background as both a business owner and a real estate investor gives him valuable insight into the challenges and opportunities his clients face. He understands their perspective because he has stood in their shoes, and that experience allows him to build stronger relationships and deliver results that align with his clients’ goals. Beyond serving others, Karan continues to own and manage his own commercial properties, keeping him closely connected to the market he serves.

For Karan, real estate is far more than a career—it’s something he truly enjoys and feels fortunate to do every day.

Outside of work, he loves spending time with family and friends, staying active through biking, and traveling to explore new places.

(317) 657-9985
[email protected]