10574 Workout Way Zionsville, IN 46077
This exceptional 45,710-square-foot fitness center, built in 2008, presents a rare repositioning opportunity in the affluent Zionsville, Indiana market. Located on a sizable 6-acre lot with 317 parking spaces, this freestanding building boasts an open floor plan with high ceilings, ideal for owner-users or tenants. The property enjoys excellent visibility and accessibility on a primary retail corridor, benefiting from strong daily traffic and high retail demand. With an average household income exceeding $160,000 within a one-mile radius and low vacancy rates, this location offers strong fundamentals. The property is currently vacant and available for sale or lease. The fee-simple ownership offers significant potential for investors seeking a prime location in a highly desirable trade area. The single-tenant building is situated near a mix of national and local retailers, providing convenient access to major transportation routes and proximity to the wealthy Zionsville community. Lease expiration is March 31, 2025. This opportunity is perfect for those seeking a high-profile fitness center in a thriving Indiana market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.