Madison Ave Office Or Retail

Office for Sale
Catylist Listing ID: 30807397
Property Subtypes: Mixed Use
Building Size (RSF): 12,704 SF
Gross Building Area: See Agent
Gross Land Area: 2.35 Acres
Sale Price: $1,100,000
Unit Price: $86.59 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: 8686 Madison Avenue
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/26/2023

Overview / Comments

Prime Location on Madison Ave ~ Just North of Greenwood Mall
Fully Leased ~ Revenue Producing
Signage on Madison Ave
High Traffic Area with Frontage on Madison Ave
Dedicated Entrance on Madison Ave W/Left Turn Possible
Well Maintained Buildings
Good Opportunity for Owner/Occupant
This property is currently under contract

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 49-15-20-112-005.000-500
Zoning: C-3
Property Located Between: On Madison Ave. Just North of County Line Rd & Greenwood Mall
Property Visibility: Excellent
Highway Access: Close to I-65/County Line Rd Interchange
Airports: Indianapolis International and Greenwood Airports
Area Description: Greenwood Park Mall, Lowes, Restaurants, Office & Retail
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,704 SF
Year Built: 1985
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Attractive, all-brick buildings.
Parking Type: Surface
Zoning Description: C-3
Lot Frontage: 214 Feet
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,690 91,955 206,708
Median Age: 33.14 37.92 36.1
Households: 8,676 38,397 80,688


Photograph of Listing Agent

Jackie Tinnerman Briggs

Lynn Properties, LLC
ICREX Member
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