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10030 E Washington St
Indianapolis, IN 46229
Auction - REIT Sale | Target Shadow Retail · Retail Property For Sale
Investment Highlights
- STARTING BID $550,000 | Target Shadow 50,107 SF Strip Center | $346K NOI | Double Digit Cap Rate | AUCTION OCTOBER 14-16, 2024
- Adjacent to Target, Kroger, Aldi, Marshalls, Best Buy, Ross, Five Below, Michaels, Harbor Freight, PetSmart, Bath & Body Works, CVS, and More
- Located at Primary Intersection of E Washington St and N Mitthoefer Rd with Combined Traffic Counts of ± 45K VPD
- 100% Occupied, 50,107 SF Prime Shopping Center Shadow-Anchored by Target Anchored Mall
- Excellent Investment Opportunity with $346,540 NOI
- Dense Suburban Demographics with ±55K Individuals (3-Mile Radius), ±143K Individuals (5-Mile Radius), & an AHHI of ±$71-82K (1 to 3-Mile Radii)
Property Facts
Property Type
Retail
Property Subtype
Building Size
50,107 SF
Building Class
B
Year Built
1976
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
5.25 AC
Zoning
ZO01 - Commercial
Parking
250 Spaces (4.99 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 49-09-04-122-002.000-700 | Improvements Assessment | $908,400 |
| Land Assessment | $1,321,400 | Total Assessment | $2,229,800 |
Property Taxes
Parcel Number
49-09-04-122-002.000-700
Land Assessment
$1,321,400
Improvements Assessment
$908,400
Total Assessment
$2,229,800
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