3402 N Shadeland Ave - Auto Repair FOR SALE


Indianapolis, IN 46226- Arlington Woods
$1,850,000 USD
317-903-2096
3402 N Shadeland Ave, Indianapolis, IN for Sale
$1,850,000 USD
Auto Repair - FOR SALE
1/10
null | 10.3% Cap Rate

3402 N Shadeland Ave
Indianapolis, IN 46226
Arlington Woods


HIGHLIGHTS

  • Multiple Tenant Property, High Traffic Area, Interstate Access Nearby, Desired Zoning for Automotive Businesses

OVERVIEW

PROPERTY OVERVIEW Own/Operate your own auto themed flex suites property. Ideal for investor or Owner/User. Property Highlights: • 1.16 acres with 12,275 sf building • Zoned C4 • Currently subdivided into 12 flex spaces (only one space is vacant currently) • All tenants on 1 yr leases that allow 60 day Notice to Terminate • Multiple restrooms, offices and a guest waiting area. • Fenced rear storage lot • Ample front & side parking • Pole signage • Current NOI $195,000/ CAP 11.8% • Current OPEX $2.93/sf • Asking Price $1,650,000

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

10.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Auto Flex-Retail Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

undefined, Auto Dealership, Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

C-4

APN/PARCEL ID

49-07-23-122-031.000-700

ASK ABOUT THIS PROPERTY

Terina WidnerJackson IGMore Info
317-903-2096

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Terina WidnerJackson IGMore Info
317-903-2096

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