5957 - 6035 Lakeside Blvd Indianapolis, IN 46278

Building Details

Year Built

1986

Listing office Colliers - Dallas, Texas Show Phone

Listing date Sep 25, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

This multi-tenant, single-story flex-office building, developed in 1986, is located at 5957-6035 Lakeside Boulevard, Indianapolis, Indiana. The property is 60.1% leased and comprises 89,805 rentable square feet on a 14.82-acre site. The property is suitable for commercial real estate, flex space, industrial, and office use. The building is currently tenanted by the USDA and USGS. The USDA office serves as the Headquarters and administrative office for the state of Indiana and is in effect the mortgage lending arm of the USDA for Indiana. The USGS has the unique mission to collect and disseminate information on the nations water resources, including information on water related natural hazards, groundwater management and surface water resources, and protection of water resources for health and environmental quality. The GSA lease provides stable returns guaranteed by the US Government.

Key Highlights

• Investment‑grade tenanted asset with a GSA lease, providing stable returns guaranteed by the US Government (S&P AA+).
• Leased to the USDA Headquarters and administrative office for the state of Indiana, the mortgage lending arm of the USDA for Indiana.
• Leased to USGS with a unique mission focused on collecting and disseminating information on the nation's water resources.

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FAQs

What type of property is this?

Office building - Multi-tenant flex-office building on 14.82 acres, 60.1% leased.

Where is this office building located?

The property is located at 5957 - 6035 Lakeside Blvd Indianapolis, IN.

What is the asking price?

The asking price for this property is $13,510,000.

What are key features of this property?

This property features: Investment‑grade tenanted asset with a GSA lease, providing stable returns guaranteed by the US Government (S&P AA+).; Leased to the USDA Headquarters and administrative office for the state of Indiana, the mortgage lending arm of the USDA for Indiana.; Leased to USGS with a unique mission focused on collecting and disseminating information on the nation's water resources.