7400 Business Center Dr, Avon, IN
Retail property in a busy area with ample parking.
- Added:
- Mar 22, 2024
- Days on Market:
- 814
- Last Refresh:
- May 20 at 9:17 pm
Property Features for 7400 Business Center Dr
General Information
- Standard status
- Active
- Size
- 7,839 SF
- Lot size
- 1.14 Acres
- Property subtype
- RETAIL
Listing agent Thomas Kiritsis, II (317) 313-6705
Listing office Century 21 Commercial - Carmel (317) 313-6705
Listing date Mar 22, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Commercial - Carmel
HighLights
- Excellent location in a busy retail corridor.
- Ample parking available.
- Open showroom space with a dock.
- Highly visible monument signage on Rockville Rd.
- Ideal for owner‑user or tenant.
- Recently painted.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.1k | $18.00 |
| − Vacancy | −$6.2k | −$0.79 |
| EGI | $134.9k | $17.21 |
| − OpEx | −$40.5k | −$5.16 |
| NOI | $94.4k | $12.05 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Floors To Your Home - Avon Store — 8187 E US Hwy 36, Avon, IN 46123
- McCool's Flooring — 8105 Kingston St, Avon, IN 46123
- Lowe's Home Improvement — 7893 E US Hwy 36, Avon, IN 46123
- Carpet Flooring World — 7855 red sunset way, avon, in 46123
Location Insight
- Map
- Local Demand
- City
- Avon
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.3919
- Latitude
- 39.7624
