This Office Property is Off-Market.

1213 North Arlington Ave
Indianapolis, IN 46219 ·

27,130 SF · Office For Sale

N/A

Print

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)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Indianapolis Market Trends - Asking price index trends, sale price trends, asking rent trends

Similar Listings

  • 5435 Emerson Way
    5435 Emerson Way

    Indianapolis, IN 46226

    For Sale · $1,300,000

    25,000 SF Building

    Office Building

  • 6239 & 6249 S East St
    6239 & 6249 S East St

    Indianapolis, IN 46227

    For Sale · Price Not Disclosed

    29,221 SF Building

    Office Building

  • 6340 Castleplace Dr
    6340 Castleplace Dr

    Indianapolis, IN 46250

    For Sale · $1,050,000

    20,000 SF Building

    Office Building

  • 536 E. Market Street
    536 E. Market Street

    Indianapolis, IN 46204

    For Sale · $2,700,000

    21,300 SF Building

    Office-Warehouse

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)