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10574 Workout Way
Carmel, IN 46032
LA Fitness · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Recent 17-Year Extension
  • Booming Commercial & Cultural Corridor
  • Affluent & Rapidly Growing Indianapolis Suburb
  • Excellent Access & Traffic Counts

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
45,710 SF
Building Class
B
Year Built
2008
Price
$13,353,000
Price Per SF
$292.12
Cap Rate
6.75%
NOI
$901,320
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
6.00 AC
Parking
317 Spaces (6.94 Spaces per 1,000 SF Leased)
Frontage
492’ on N Michigan Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-13-07-027-003.000-018
Land Assessment
$2,400,800
Improvements Assessment
$4,170,100
Total Assessment
$6,570,900
  • Listing ID: 36128960

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 10574 Workout Way, Carmel, IN 46032

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