8208 Allisonville Rd Indianapolis, IN 46250
Excellent visibility, accessibility, and robust infrastructure in a dynamic location.
Property Features for 8208 Allisonville Rd
General Information
- Standard status
- Active
- Size
- 3,056 SF
- Lot size
- 0.23 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1958
Listing office Williams Midwest (317) 496-2536
Listing date Jul 18, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the vibrant Keystone Crossing submarket with excellent visibility and accessibility.
- Convenient access to major roads (I‑465) and public transportation.
- 3,056 SF of office space suitable for business operations.
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 | $66.0k | $21.60 |
| − Vacancy | −$12.2k | −$4.00 |
| EGI | $53.8k | $17.60 |
| − OpEx | −$13.4k | −$4.40 |
| NOI | $40.3k | $13.20 |