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Arlington Professional Building

1213 North Arlington Ave, Indianapolis, IN 46219

N/A

27,130 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
27,130 SF
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Cap Rate:
10.34%
Occupancy:
100%
No. Stories:
2
Building Class:
B
Tenancy:
Multiple
Lot Size:
2.77 AC
Listing ID
17120841
Last Updated
over 1 year ago

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

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

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