Description
This retail center offers a 5 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 8.50%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.
-
0BEDS
-
0.91ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
This retail center offers a 5 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 8.50%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.
© 2023 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.
Based on information submitted to the MLS GRID as of 2023-03-23T10:24:55.89. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice