11675-11703 Olio Rd - Freestanding FOR SALE


Fishers, IN 46037
$12,660,000 USD
844-585-7678
11675-11703 Olio Rd, Fishers, IN for Sale
$12,660,000 USD
Freestanding - FOR SALE
1/5
null | 7.15% Cap Rate

11675-11703 Olio Rd
Fishers, IN 46037


HIGHLIGHTS

  • 100% Occupied, 31,668 Sq ft Daily Needs Neighborhood Retail Center: Kiddie Academy, Orange Theory Fitness, Stretch Lab, Play-it-Again Sports, etc
  • Long-Term Historical Occupancy with 82% of Tenancy Having Been in Place for 7 Years or More
  • Extremely Affluent Demos: Fishers boasts some of the best demos in the entire Midwest, w 1-mile average household incomes in excess of $202,000
  • Kroger Marketplace Adjacent: Located across the st from a new constructed #1 Kroger Marketplace in State in IN w over 1.7 million annual visits
  • Strong Rent Growth: most recent lease rates range from $32-35 per sq ft, providing opty to grow rents of existing retail tenants w below-market rates
  • Fishers is a Highly Recognized & Awarded City Known Nationally for its Affluence, Safety, and Growth: "Top 10 Best Places to Live” (2024) (Money Maga

OVERVIEW

100% Occupied Neighborhood Retail Center | Money Magazine Top Place to Live in America | Extremely Affluent Demographics ($200,000+ AHHI)

FOR SALE DETAILS

PRICE

$12,660,000 USD

PRICE/SF

$583 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Geist Landing | Fishers, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

364

LAND DETAILS

LAND ACRES

4.89 AC

LAND SF

213,008 SF

ZONING

C-1

APN/PARCEL ID

29-11-36-310-005.000-020

ASK ABOUT THIS PROPERTY

Dylan MalloryHanley Investment GroupMore Info
844-585-7678

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Dylan MalloryHanley Investment GroupMore Info
844-585-7678

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.