Felbram Plaza South

Investment Highlights

  • Grocery Anchored Center
  • Value Add Opportunity
  • Below Market Rents
  • 100% Occupied
  • Brand New Parking Lot
  • Priced Below Replacement Cost
  • Scheduled Rent Increases
  • Includes Single Tenant Advanced Auto
  • Adjacent to University of Indianapolis
  • New I-465 Highway Exit
  • Strong Traffic Counts: 38,000 Cars/Day
  • Infill Hard Location
  • 200,000+ People Within 5 Miles

Offering Summary

  • Price: $2,000,000
  • Cap Rate: 8.06%
  • GLA: 27,4000 Sq. Ft.
  • Price Per Square Foot: $72.99
  • Occupancy: 100%
  • Site Area: 8.27 Acres

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