Mass Ave Shops

Investment Highlights

  • Class “A” Power Center
  • Prime Location on the Hottest Street in Indianapolis (Mass Ave)
  • Very Popular Seasoned Local Tenants
  • Long Term NNN Leases
  • Minimal Near Term Lease Rollover
  • Scheduled Rent Increases
  • Class “A” Brick Construction
  • Includes Strong Credit Walgreens with Long Term Lease
  • Infill Location Adjacent to Downtown Indianapolis
  • 255,000+ People within 5 Miles

Offering Summary

  • Price: $4,400,000
  • CAP Rate: 6.5%
  • Occupancy: 100%
  • Year Built: 2010
  • GLA: 11,381 Square Feet
  • Number of Units: 5 Condos

 

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