For Sale
$4,604,000

17535 Terry Lee Xing Noblesville, IN 46060

High-yield retail center, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
137
This 11,276 square foot shopping center in Noblesville, Indiana, presents a compelling investment opportunity. Located at 17535 Terry Lee Crossing, this single-story, 2017-built property sits on a 2.14-acre lot and boasts four tenants under a triple-net (NNN) lease structure, ensuring a stable income stream. The property enjoys a 100% occupancy rate, generating a Net Operating Income (NOI) of $345,276 and a 7.50% capitalization rate. The asking price is $4,604,000. Its prime location on a high-traffic thoroughfare in a rapidly growing area of Noblesville ensures excellent visibility and accessibility for customers. The diverse tenant mix creates a vibrant shopping atmosphere, attracting significant foot traffic. Ample parking is available, enhancing customer convenience. This well-maintained property offers immediate income and potential for future growth, making it an ideal investment for those seeking a stable, high-return asset in a thriving market. The Hamilton County location and strong local economy further enhance the property's long-term prospects. The property's APN is 29-11-05-000-001.006-013. This is a stabilized investment with significant upside potential.

Property Details for 17535 Terry Lee Xing

Property type
Lifestyle centers, Power centers
Square Feet
11,276 SF
Year Built
2017
Buildings
1
Stories
1
Lot Size (sq. ft)
93,218 SF
Units
4

Location Insight

City
Noblesville
County
Hamilton
State
Indiana
Latitude
40.043109704766
Longitude
-85.994972051611

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, 100% occupied.
Where is the lifestyle center located?
The property is located at 17535 Terry Lee Xing Noblesville, IN.
What is the asking price?
The asking price for this property is $4,604,000.
How can I contact the broker?
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17535 Terry Lee Xing
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