7988 Centerpoint DrIndianapolis, IN 46256

  • Industrial properties
  • 136,741 SF
For Lease
$8.75/SF/YR View listing

Property Details for 7988 Centerpoint Dr

Year built
1998
Construction
TYPE NOT SPECIFIED
Lot size
16.33 AC
Property size (Sq ft)
136,741 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
29-14-12-003-001.007-006
APU
291412003001007006

Description

This exceptional sublease opportunity presents 25,013 square feet of versatile flex space ideally situated in Indianapolis, Indiana. Located within Crosspoint VIII, part of the prestigious Crosspoint Office Park, this property boasts a prime location just off I-69 and 106th Street, ensuring effortless commutes for employees and clients. The single-story building, constructed in 1988 and renovated in 1998, offers a blend of modern amenities and functional design within a Class B industrial setting. The space includes eight dock-high doors and one convenient drive-in door, facilitating efficient loading and unloading. The sublease term concludes on March 31, 2026. The larger building totals 298,263 square feet and is situated on the Nickle Plate Trail, offering nearby outdoor recreational opportunities. The property's location within the Crosspoint Office Park provides access to a range of amenities, while nearby shopping destinations like The Fashion Mall at Keystone and Castleton Square offer convenient retail options. The easy access to major highways, I-69 and I-465, makes commuting a breeze. This is a rare chance to secure a well-appointed flex space in a thriving business hub, offering a strategic advantage for businesses seeking a dynamic and accessible location. The property is part of a larger multi-tenant building in Hamilton County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $20,382,944
    Hospitality
    $18,670,666
    Educational
    $15,533,775
    Medical
    $16,068,006
    Retail
    $24,163,650
7988 Centerpoint Dr, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Hamilton
State
Indiana
Latitude
39.9381
Longitude
-86.0276
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
$260,661
$3,266,000
$8,568,900
$11,834,900
-
$3,266,000
$8,568,900
$11,834,900

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