8351 Rockville Rd Indianapolis, IN 46234-2722

Property Details for 8351 Rockville Rd

Year built

1985

Construction

WOOD

Lot size

3.41 lot acres

Property size

17,066 SF

Property type

Office properties & Spaces

APN

49-12-10-103-002.000-900

APU

491210103002000900

Description

This exceptional investment opportunity presents a fully leased, 39,795-square-foot flex industrial building located at 8351 Rockville Rd, Indianapolis, IN 46234. The single-story, Class B building, constructed in 1985 and renovated in 2004, sits on a 3.3-acre lot and boasts 50 surface parking spaces. Currently 100% occupied since August 1, 1996, by PRN Pharmaceutical Services, LP, a subsidiary of CVS Health, the property benefits from a long-term lease expiring January 31, 2030, with two five-year renewal options. The tenant, a credit-rated entity, has made significant capital investments in specialized equipment within the facility. The building features four dock-high doors and a 12-foot ceiling height. This stabilized investment offers a secure, long-term income stream in a prime Airport submarket location, ideally suited for the healthcare sector. The property's strategic location and strong tenant history make it an attractive proposition for discerning investors seeking a stable, high-return asset. The modified lease provides flexibility, and the building's size and features cater to a variety of potential future uses. This is a rare opportunity to acquire a well-maintained, fully leased industrial property with a proven track record of success.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-86.3082

Latitude

39.7625

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments