3850 E Southport Rd - Freestanding FOR SALE


Indianapolis, IN 46237
$2,165,000 USD
317-844-0700
3850 E Southport Rd, Indianapolis, IN for Sale
$2,165,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

3850 E Southport Rd
Indianapolis, IN 46237


HIGHLIGHTS

  • Specialized Corporate Store
  • 10 Year Corporate Guaranteed Lease
  • New Build Out
  • Scheduled Rent Bump in Year 5

OVERVIEW

• Specialized Corporate Store • 10 Year Corporate Guaranteed Lease • New Build Out • Scheduled Rent Bump in Year 5 • Excellent Location • Strong Demographics • High Traffic Counts (30,000 + Cars/Day) • Average Household Income Over: $80,000+ (1) Miles

FOR SALE DETAILS

PRICE

$2,165,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C3

APN/PARCEL ID

49-15-09-131-012.000-500

ASK ABOUT THIS PROPERTY

John RiserRiser Retail GroupMore Info
317-844-0700

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John RiserRiser Retail GroupMore Info
317-844-0700

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