690 & 698 Pro Med Lane
Office
for Sale
Catylist Listing ID: |
30802222 |
Property Subtypes: |
Business Park, Office Building
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Building Size (RSF): |
20,000 SF
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Gross Building Area: |
See Agent |
Sale Price: |
$3,650,000 |
Unit Price: |
$182.50 PSF |
Property Use Type: |
Investment |
Class of Space: |
Class A |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/16/2023 |
Overview / Comments
Northern Commercial is pleased to present for sale two office buildings situated in a picturesque wooded office complex. Buildings can be sold together for $3,504,375. Or separately: 690 Pro Med Lane: $2,059,050. 698 Pro Med Lane: $1 ,445,325.
Located at US-31/136th Street. Easy access to US-31 and I-465. Two, 2-story brick buildings renovated in 2018/2019. Convenient to restaurants, banks, medical, and shopping. 30 minutes to Indianapolis International Airport. Monon trail access nearby.
690 Pro Med Lane: 2- story- 12,000/sf (approx. 6,000/sf per floor).
698 Pro Med Lane: 2-story- 8,000/sf (approx. 4,000/sf per floor). Available for owner-occupied space: 3,600sf.
Parking ratio: 690 Pro Med Lane: 50 surface. Ratio of 4.16/1000sf 698 Pro Med Lane: 45 surface. Ratio of 5.63/1000sf
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Additional Details
Nearest MSA: |
Indianapolis-Carmel-Anderson |
County: |
Hamilton |
Tax ID/APN: |
29-09-25-001-001.000-018, 29-09-25-001-002.000-018 |
Total Number of Buildings: |
2 |
Number of Stories: |
2 |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Zoning Description: |
Commercial- Office |
Part of Planned Development?: |
Yes |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
8,611 |
54,214 |
151,832 |
Median Age: |
37.45 |
39.34 |
37.61 |
Households: |
3,537 |
20,921 |
59,809 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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