14019 Pony Express Run Leo, IN
Well-maintained office building in a strategic location, ideal for owner/user.
- Added:
- Jul 23, 2025
- Days on Market:
- 355
- Last Refresh:
- May 20 at 9:58 pm
Property Features for 14019 Pony Express Run
General Information
- Standard status
- Active
- Size
- 1,780 SF
- Lot size
- 0.82 Acres
- Property subtype
- OFFICE
Listing office Allied Commercial (260) 223-1199
Listing date Jul 23, 2025
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 Allied Commercial
Investment Insights
Based on property information with market context.
Key Highlights
- Strategic location with excellent access to I‑69.
- High‑quality, well‑maintained Class A professional office building (1,780 sq ft) built in 2006.
- Located in a well‑established office park.
Local Financial Insights For Office B
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 | $34.6k | $19.44 |
| − Vacancy | −$3.4k | −$1.89 |
| EGI | $31.2k | $17.55 |
| − OpEx | −$7.8k | −$4.39 |
| NOI | $23.4k | $13.17 |
