9623 Windermere Blvd

Office for Sale
Catylist Listing ID: 30856358
Property Subtypes: Office Building
Building Size (RSF): 9,590 SF
Gross Land Area: 1.37 Acres
Sale Price: $2,100,000
Unit Price: $218.98 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Windermere
Class of Space: Class B
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/25/2023

Overview / Comments

A profitable investment with long-term tenants located in highly desirable, Fishers, Indiana. This 6-unit Commercial Office building is a half mile from Geist Reservoir.

Many updates have been completed. Including but not limited to a new roof (2 years with 30-year warranty) and newly remodeled suites.

The property is 100% occupied. The new owners would have to honor and respect the leases. Tours are scheduled in advance and all buyers must show proof of funds or financing prior to touring the property.

All tenants are current with their rents and are exceptional tenants. A breakdown of financials and leases are available to buyers who have submitted proof of funds or financing.

Attachments & Media

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $27,762 (Annual)
Tax Value Land $428,100
Tax Value Improvements $883,000
Assessed Value - Total($) $1,311,100 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $32,577 (Annual)
Tax Value Land $503,600
Tax Value Improvements $1,001,500
Assessed Value - Total($) $1,505,100 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $36,383 (Annual)
Tax Value Land $503,600
Tax Value Improvements $1,250,600
Assessed Value - Total($) $1,754,200 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $34,740 (Annual)
Tax Value Land $503,600
Tax Value Improvements $1,250,600
Assessed Value - Total($) $1,754,200 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $34,557 (Annual)
Tax Value Land $503,600
Tax Value Improvements $1,250,600
Assessed Value - Total($) $1,754,200 (Annual)

Current Tenants

Tenant Business Name NULIFE INDIANA INC.
Is Renting? Yes
Tenant Business Name DOWDEN FAMILY DENTISTRY
Is Renting? Yes
Tenant Business Name MONTE SMITH INSURANCE AGENCY
Is Renting? Yes
Tenant Business Name CHEF SUZANNE
Is Renting? Yes

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Hamilton
Tax ID/APN: 29-15-08-037-002.000-020
Property Located Between: Near Geist Reservoir
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2005
Legal Description: Acreage 1.37, Section 8, Township 17, Range 5, WINDERMERE VILLAGE, Replat Information: Replat, Section 2, Lot Pt 4B

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,172 76,150 168,439
Median Age: 40.48 36.83 35.96
Households: 2,870 28,345 63,913

Contact

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