Historical Office Sale Listing - Arlington Professional Building

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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)

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

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Created 4/18/2011