This property is Off-Market

1213 North Arlington Ave
Indianapolis, IN 46219 ·

27,130 SF · Office For Sale

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Arlington Professional Building

Price N/A Occupancy 100%
Building Size 27,130 SF No. Stories 2
Property Type Office Building Class B
Property Sub-type Office Building Tenancy Multiple
Property Use Type Investment Lot Size 2.77 AC
Cap Rate 10.34%
Listing ID: 17120841 Date Created: 04/18/2011 Last Updated: 02/23/2012

Description

- 100 Percent Occupied Multi-Tenant Office Building with Two Long-Term Credit Rated Tenants
- Over 5 1/2 Years Remaining on Lease with State of Indiana's Unemployment Services Office on Indianapolis' East Side
- Chase Bank Just Committed to Brand New 10-Year NNN Lease Renewal Commencing in November 2011
- Over $600,000 Invested into Building in 2008 Between Interior and New HVAC
- VERY MOTIVATED SELLER!
- WOULD CONSIDER CARRYBACK WITH THE RIGHT OFFER!

- Perfect Demographics for Tenants Within Five Miles: 241,905 People, 13.06 Percent Unemployment
- Strategic Location Along North Arlington Avenue and IndyGo Bus Line

Research

1213 North Arlington Ave, Indianapolis, IN 46219 (Marion County)

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