Mass Ave Shops

By Conrad Riser on October 30, 2019 in

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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