135 Shortridge RdIndianapolis, IN 46219
Turnkey Medical Office, High ROI Potential
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $1,280,000 asking price for a 12,800 SF medical office building in Indianapolis, IN.
- Class B, owner-user investment opportunity with a gross lease.
- Single-tenant occupancy at 70%, offering an 8.00% cap rate and a pro-forma cap rate of 11.00%.
- 12,800 square feet, $100/SF, with a pro-forma NOI of $178,129.
- Two buildings on a 1.6-acre lot, built in 1974 and renovated in 2024, featuring 60 parking spaces.
- C1 zoning, located 0.4 miles from I-465.
Property Details for 135 Shortridge Rd
- Property type
- Office properties, Medical offices
- Square Feet
- 12,800 SF
- Class
- B
- Year Built/Renovated
- 1974/2024
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 69,696 SF
Location Insight
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Latitude
- 39.7752869
- Longitude
- -86.0401219
Nearby Similar for Sale
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