For Sale
$1,600,000

4415 Saguaro Trl Indianapolis, IN 46268

High-Cap Rate Industrial NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 14,920-square-foot warehouse, located at 4415 Saguaro Trail in Indianapolis, Indiana, presents a compelling investment opportunity. Priced at $1,600,000, this single-tenant, net-lease property boasts a strong 8.60% capitalization rate and a substantial net operating income (NOI) of $137,577. The property features one dock-high door and benefits from a long-term lease with approximately four years remaining, including a favorable 2.00% annual rent escalation. This versatile, free-standing building has served as a successful business location for nearly three decades, showcasing its enduring appeal and functionality. Its strategic location offers excellent accessibility, situated off I-465 (109,875 vehicles per day) and I-65 (53,386 vehicles per day), ensuring high visibility and convenient transportation links. The property's robust operational history, combined with its strong lease terms and prime location, makes it an attractive investment for discerning buyers seeking a stable, high-yielding asset in the Indianapolis industrial market. The price per square foot is $107.24. The property is classified as industrial and further categorized as a warehouse. The zip code is 46268, and it's located in Marion County.

Highlights

  • Free-standing flex building with substantial tenant improvements.
  • NNN lease with 2% annual rent escalations.
  • 4+ years remaining on the lease term.
  • 29+ years of operational history at this location.
  • Excellent visibility and access via I-465 (109,875 VPD) and I-65 (53,386 VPD).

Property Details for 4415 Saguaro Trl

Property type
Warehouses, Industrial properties
Square Feet
14,920 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8715708
Longitude
-86.2352276

FAQs

What type of property is this?
Warehouse - High-Cap Rate Industrial NNN Lease
Where is the warehouse located?
The property is located at 4415 Saguaro Trl Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Free-standing flex building with substantial tenant improvements.; NNN lease with 2% annual rent escalations.; 4+ years remaining on the lease term.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4415 Saguaro Trl
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