13095 Publishers Dr - Light Distribution FOR SALE


Fishers, IN 46038- Fishers/Hawthorn Hills
$5,700,000 USD
513-369-1606
13095 Publishers Dr, Fishers, IN for Sale
$5,700,000 USD
Light Distribution - FOR SALE
1/7
null | 7.65% Cap Rate

13095 Publishers Dr
Fishers, IN 46038
Fishers/Hawthorn Hills


HIGHLIGHTS

  • Property is net leased to a committed tenant, providing a stable income stream with limited slippage and annual escalations.
  • Fishers market has high household incomes ($98,415-$117,621 in a 1-5 mile radius) and is a premier location within the Indianapolis area.
  • The site is one lot away from SR 37, a major traffic corridor with 45,506 cars per day.
  • The property creates an exceptional land bank for future development, with a strong potential for redevelopment and growth.

OVERVIEW

???????CBRE Capital Markets has been exclusively retained to facilitate the fee simple sale of 13095 Publishers Drive in Fishers, Indiana (Indianapolis MSA). This 42,340 square foot flex industrial asset is 100% occupied by the Mission Christian Academy, a private Christian academy with a current enrollment of over 200 providing education to classes from grades K-12. In 2022, the school signed a 9-year lease for the full building that runs through July 2031, and the site serves as Mission Christian Academy’s main campus. Originally constructed as a Gannett Publishing facility, the flex asset is situated on a 5.81 acre square site and is in one of the most prominent, high demand submarkets of Indianapolis.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$135 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

149

LAND DETAILS

LAND ACRES

5.81

LAND SF

253,084

ZONING

-

APN/PARCEL ID

29-11-30-000-023.101-006

ASK ABOUT THIS PROPERTY

Will RobertsCBREMore Info
513-369-1606

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Will RobertsCBREMore Info
513-369-1606

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