Fully Leased In Mature Trade Area

1950 Kessler Blvd W Drive, Indianapolis, Indiana 46228

  • Property Subtypes Other
  • Gross Building Area 5,936 SF
  • Building Status Existing
  • Sale Price $3,330,000.00 Total
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 0.29 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 10/25/2019
  • Days on Market 188 Days
  • Status active

Overview / Comments

Building SF: 5,936 SF Sale Price: $3,330,000 Cap Rate: 5.67% Tenants include Starbucks, Verizon, Subway and Simple Garden CBD at highly-trafficked intersection and densely-populated trade area. Area retailers include Walgreens and Walmart Neighborhood Market. + Starbuck Lease Expires 2028 + 24,000 VPD on Kessler Boulevard + 16,000 VPD on Michigan Road + Zoned C-3 + Built in 2007

Additional Details

  • Tax ID/APN 49-06-03-115-004.000-800

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