Felbram Plaza South

Investment Highlights

  • • Grocery Anchored Center
    • Value Add Opportunity
    • Below Market Rents
    • 45% Occupied
    • New Parking Lot
    • Priced Below Replacement Cost ($54/sf)
    • Scheduled Rent Increases
    • Adjacent to University of Indianapolis
    • Near I-465 Highway Exit
    • Strong Traffic Counts: 38,000 Cars/Day
    • Located on Main US-31 Corridor
    • Infill Hard Corner Location
    • 200,000+ People within 5 Miles

Offering Summary

  • Price: NA
  • Cap Rate: NA
  • GLA: 27,4000 Sq. Ft.
  • Price Per Square Foot: $54.74
  • Occupancy: 45%
  • Site Area: 8.27 Acres

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