86th & Michigan Big Red Strip

Investment Highlights

• Prime Location at One of the Busiest Intersections in Indianapolis
• Upside Potential with Below Market Rents
• 100% Occupied with with Long Term Seasoned Local Tenants
• No Near Term Lease Rollover
• Near I-465 Highway Exit
• Adjacent to Wal-Mart Supercenter, Ross, Walgreens, At Home, & Studio Movie Grill
• Hard Corner Infill Location with High Barriers to Entry
• Strong Traffic Counts: 48,000 Cars/Day
• Average Household Income: $104,000+ (5 Miles)
• 150,000 People within 5 Miles

Offering Summary

  • Price: $3,100,000
  • CAP: 6.57%
  • GLA: 10,550 Sq Ft
  • Price/SF: 293.84
  • Site Area: .94 Acres
  • Occupancy: 100%

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