7098 Guion Rd Indianapolis, IN 46268-4812
This exceptional Class A industrial property, located at 7098 Guion Rd, Indianapolis, IN 46268, presents a compelling investment opportunity. The 14,080-square-foot building, constructed in 2021, sits on a 1.434-acre lot and boasts a 20-foot ceiling height and two dock-high doors. Currently 100% occupied by a single tenant under a NNN lease, the property offers a stable income stream with a 5.98% cap rate and a substantial net operating income (NOI) of $155,417. The lease, commencing September 29, 2021, and expiring September 29, 2031, includes a remaining term of approximately 6.9 years and features annual rent bumps of 2.5%. Two five-year lease extension options further enhance the long-term stability of this investment. The tenant, C&R Racing, Inc., a subsidiary of PWR Advanced Cooling Technology (an Australian publicly traded company), provides a strong credit tenant profile. This manufacturing/warehouse space is strategically located in Marion County, offering easy access to major transportation routes. The property's modern design, strong tenant, and favorable lease terms make it an ideal addition to any diversified investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INCosts & 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.