690 & 698 Pro Med Lane
Office
for Sale
| Catylist Listing ID: |
30802222 |
| Property Subtypes: |
Business Park, Office Building
|
| Building Size (RSF): |
20,000 SF
|
| 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: |
11/15/2022 |
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
|
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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