Executive West Office Park - 2421 Production Dr

Office for Sale
Sale Pending
Catylist Listing ID: 29843655
Property Subtypes: Office Building
Status: Pending
Building Size (RSF): 24,920 SF
Gross Land Area: 2.24 Acres
Sale Price: $799,000
Unit Price: $32.06 PSF
Property Use Type: Vacant/Owner-User
Building Name: Executive West Office Park
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2017

Overview / Comments

Well maintained 24,920sf office building with I-3-S Industrial Suburban zoning offers convenient Park Fletcher location with easy access to Indianapolis International Airport and downtown Indianapolis. Excellent site for logistics, transportation, research or international trade. Located in a designated Foreign Trade Zone with potential for tax free savings, improved logistics and reduced import fees. Fiber internet connections. Owner occupied building with established tenants at 66% occupancy. Located on 2.24 acres in Park Fletcher complex. Adjacent twin building is also for sale separately.

• Owner occupied building with established tenants at 66% occupancy
• Designated Foreign Trade Zone with potential tax and logistics savings
• Convenient Park Fletcher location; easy access to airport and downtown
• Fiber internet connections

* This property also has spaces available for lease.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 491224102022000900
Zoning: I3S
Area Description: Executive Drive West Office Park, just off the intersections of I-465, I-70 and I-74 near downtown Indianapolis and east of the Indianapolis International Airport

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,343 68,160 171,749
Median Age: 31.63 33.91 33.57
Households: 2,023 25,953 65,176
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