4415 Saguaro TrlIndianapolis, IN 46268

Property Details for 4415 Saguaro Trl

Year built

1984

Construction

TYPE NOT SPECIFIED

Lot size

1.23 AC

Property size (Sq ft)

14,920 SF

Zone code

ZO01

Property type

Warehouses

APN

49-03-31-117-036.000-600

APU

490331117036000600

Description

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.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.8716

Longitude

-86.2354

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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