715 E 38th St - Freestanding FOR SALE


Indianapolis, IN 46205
$1,195,000 USD
713-459-1333
715 E 38th St, Indianapolis, IN for Sale
$1,195,000 USD
Freestanding - FOR SALE
1/15
null | 6.85% Cap Rate

715 E 38th St
Indianapolis, IN 46205


HIGHLIGHTS

  • Dense Residential Area
  • Favorable Placer.AI Ranking
  • Six Options to Renew With 5 Percent Increases for Each Option
  • Nearby Signalized Intersection of East 38th Street (20,166 Vehicles Per Day) and North College Avenue (15,359 Vehicles Per Day)
  • Indiana State Fairgrounds and Event Center 0.3 Miles Away

OVERVIEW

• Dense Residential Area • Favorable Placer.AI Ranking • Six Options to Renew With 5 Percent Increases for Each Option • Nearby Signalized Intersection of East 38th Street (20,166 Vehicles Per Day) and North College Avenue (15,359 Vehicles Per Day) • Indiana State Fairgrounds and Event Center 0.3 Miles Away

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar - Indianapolis, IN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

retail

APN/PARCEL ID

49-06-24-124-016.000-101

ASK ABOUT THIS PROPERTY

Gus LagosMarcus & MillichapMore Info
713-459-1333

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Gus LagosMarcus & MillichapMore Info
713-459-1333

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