10679 N Michigan Rd | Zionsville, IN 46077
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10679 N Michigan Rd
Zionsville, IN 46077
Kroger | 13yrs Remain Abs NNN w/ Incrses · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 13 years remaining on lease with 5 (5-year) option periods to extend
- Extremely affluent demographics with AHHI of $198k within 1 mile radius
- 30 minutes from Downtown Indianapolis, the United States’ 16th largest city
- Located along North Michigan Road (51,000 VPD)
- 5% rental increases every 5 years throughout the initial term and options
- Surrounding tenants including ALDI, The Home Depot, Marshalls, Best Buy, Petco, Kohl’s, Costco Wholesale, and others
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
67,803 SF
Building Class
B
Year Built/Renovated
1999/2006
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.16
Lot Size
9.54 AC
Zoning
B-2 - Business District
Parking
450 Spaces (6.64 Spaces per 1,000 SF Leased)
Frontage
486’ on W 106th St
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 29-13-06-012-002.000-018 | Improvements Assessment | $2,236,400 |
| Land Assessment | $2,937,200 | Total Assessment | $5,173,600 |
PROPERTY TAXES
Parcel Number
29-13-06-012-002.000-018
Land Assessment
$2,937,200
Improvements Assessment
$2,236,400
Total Assessment
$5,173,600
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