10695 Us Hwy 36 Indianapolis, IN 46234
PetSmart & Bob's Discount Furniture, High NOI
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 391
Property Features for 10695 Us Hwy 36
General Information
- Property type
- Individual retail properties
- Square Feet
- 50,233 SF
- Lot Size
- 228,254 SF
Building Details
- Year Built/Renovated
- 2008/2024
- Buildings
- 1
- Stories
- 1
- Units
- 2
HighLights
- $10,578,000 asking price for a 50,233 square foot retail property.
- Net lease investment with a 7.15% cap rate and $756,300 NOI.
- 100% occupancy with two corporate tenants: PetSmart and Bob's Discount Furniture, secured by corporate guarantees.
- Prime Indianapolis location on a highly sought‑after retail corridor, with excellent visibility and access.
- Long‑term leases (10+ years Weighted Average Lease Term), featuring built‑in rent bumps.
- 5.24‑acre lot with 223 parking spaces.
Current Use by Public Records
Map
- City
- Indianapolis
- County
- Hendricks
- State
- Indiana
- Longitude
- -86.332358606439
- Latitude
- 39.762703467045