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140 S College Ave 8,713 SF 100% Leased Office Building Indianapolis, IN 46202 $2,850,000 ($327.10/SF) 7.64% Cap Rate

Office Spaces Indiana Indianapolis 140 S College Ave, Indianapolis, IN 46202

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EXECUTIVE SUMMARY

Prime investment opportunity. Leaseback from Metazoa Brewing Company fully guaranteed.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
8,713 SF
Building Class
A
Year Built
1937
Price
$2,850,000
Price Per SF
$327.10
Cap Rate
7.64%
NOI
$217,825
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,591 SF
Building FAR
0.21
Lot Size
0.94 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CBD-S - Central Business District - Special
Parking
50 Spaces (5.74 Spaces per 1,000 SF Leased)
1 1
140 S College Ave, Indianapolis, IN - AERIAL map view - Image1
140 S College Ave, Indianapolis, IN - AERIAL map view - Image2
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 49-11-12-134-004.000-101 Improvements Assessment $226,000
Land Assessment $948,200 Total Assessment $1,174,200

PROPERTY TAXES

Parcel Number
49-11-12-134-004.000-101
Land Assessment
$948,200
Improvements Assessment
$226,000
Total Assessment
$1,174,200
(765) 760-3189

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Contact the broker for more information about this property

CONTACT

  • Rob Coombes
    Rob Coombes

  • Listing ID: 38964042

  • Date on Market: 1/4/2026

  • Last Updated:

  • Address: 140 S College Ave, Indianapolis, IN 46202

More public record information on 140 S College Ave, Indianapolis, IN 46202

The Circle City Office Property at 140 S College Ave, Indianapolis, IN 46202 is currently available. Contact Coombes Real Estate LLC for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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