7318 Us Highway 36Avon, IN 46123

For Lease
$180/SF/YR View listing
  • Medical offices
  • 5,376 SF

Property Details for 7318 Us Highway 36

Year built
2007
Construction
WOOD
Lot size
0.87 AC
Property size (Sq ft)
5,376 SF
Property type
Medical offices
Property subtype
Medical centers
APN
32-10-02-377-006.000-031
APU
321002377006000031

Description

This exceptional 2,361 square foot single-tenant office space is ideally situated on East US Highway 36 in Hendricks County. Built in 2006, the property offers excellent visibility and accessibility from a major thoroughfare. The space is currently available as a shell condition, presenting a unique build-to-suit opportunity for a discerning tenant to customize the interior to their exact specifications. The lease rate is $15.00 per square foot, NNN. Ample parking is provided, with a generous 4:1,000 parking ratio ensuring convenient access for employees and clients. This location provides a strategic advantage for businesses seeking high visibility and easy access to a major transportation route. The property's traditional office design offers a classic and functional workspace, perfect for a variety of professional uses. The build-to-suit option allows for complete control over the layout and finishes, ensuring a space perfectly tailored to the tenant's operational needs. Don't miss this chance to secure a prime office location in a thriving Hendricks County market. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $663,154
    6.5%
    $612,142
    7%
    $568,418
  • Comparable approach

    Method
    Valuation
    Relative Method
    $462,766
    Geo Method
    $462,766
  • Alternative Use

    Use
    Valuation
    Residential
    $759,056
    Hospitality
    $695,292
    Educational
    $578,474
    Medical
    $598,369
    Retail
    $899,849
7318 Us Highway 36, Avon, Indiana

Location Insight

City
Avon
County
Hendricks
State
Indiana
Latitude
39.7633
Longitude
-86.3938
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$22,442
$380,200
$424,700
$804,900
-
$380,200
$424,700
$804,900

FAQs

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