Banks /Indiana /Marion County /Indianapolis /940 N Meridian St
Banks /Indiana /Marion County /Indianapolis /940 N Meridian St

940 N Meridian St - Bank FOR SALE


Indianapolis, IN 46204- North Meridian | 
$3,600,000 USD
317-726-7305
940 N Meridian St, Indianapolis, IN for Sale
$3,600,000 USD
Bank - FOR SALE
1/7
null | Request Cap Rate
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940 N Meridian St
Indianapolis, IN 46204
North Meridian

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HIGHLIGHTS

  • PRIME MERIDIAN STREET LOCATION IN DOWNTOWN INDIANAPOLIS
  • INFLATION-PROOF NNN LEASES AND STABLE CASH FLOW
  • RAPIDLY GROWING ST. JOSEPH HISTORIC NEIGHBORHOOD
  • FUTURE VALUE-ADD LEASING + OUTLOT DEVELOPMENT
  • THRIVING ECONOMY AND GROWING CORPORATE PRESENCE

OVERVIEW

Core+ Opportunity - Two-tenant NNN Leased with approximately 2,690 SF available for lease - creating room for upside. Both tenants have just renewed their leases early and the WALT is 5.84 years. Financing quotes are available!

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Leased Bank Branch & 0.50+/- Parcel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

CBD-1

APN/PARCEL ID

49-11-01-175-005.000-101

ASK ABOUT THIS PROPERTY

Rebecca WellsCushman & WakefieldMore Info
317-726-7305

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Rebecca WellsCushman & WakefieldMore Info
317-726-7305

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

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