6820 Shore Ter, Indianapolis, IN
Office property with 3750 square feet of space.
- Added:
- Aug 15, 2024
- Days on Market:
- 669
- Last Refresh:
- May 20 at 9:23 pm
Property Features for 6820 Shore Ter
General Information
- Standard status
- Active
- Size
- 3,750 SF
- Lot size
- 0.58 Acres
- Property subtype
- OFFICE
Listing agent Tony Hupp (317) 340-7982
Listing office Colliers (317) 713-2100
Listing date Aug 15, 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 Colliers
HighLights
- Office property
- 3750 square feet of space
Overview
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 | $81.0k | $21.60 |
| − Vacancy | −$15.0k | −$4.00 |
| EGI | $66.0k | $17.60 |
| − OpEx | −$16.5k | −$4.40 |
| NOI | $49.5k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.2802
- Latitude
- 39.8304
