1560 Indiana Ave | Indianapolis, IN 46202
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- LoopNet Team
1560 Indiana Ave
Indianapolis, IN 46202
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- SECURED ABSOLUTE NNN LEASE WITH INDUSTRY LEADING TENANT (STRONG FINANCIALS) | MAJOR “MARK TO MARKET” UPSIDE OPPORTUNITY
- LOCATION WITHIN THRIVING INDIANAPOLIS CBD SUBMARKET – LOW VACANCY RATE / SUPPLY
- SOLID UNDERLYING INDUSTRIAL REAL ESTATE FUNDAMENTALS | ADJACENT “16TECH” INNOVATION DISTRICT (NEW 50-ACRE LIFESCIENCE / TECH DISTRICT)
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1953/1986 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.44/1,000 SF |
| Lot Size | 3.06 AC | Clear Ceiling Height | 18’ |
| Rentable Building Area | 66,276 SF | No. Dock-High Doors/Loading | 6 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 2 |
| Zoning | ZO01 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.06 AC |
| Rentable Building Area | 66,276 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1953/1986 |
| Tenancy | Single |
| Parking Ratio | 0.44/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | ZO01 |
PROPERTY TAXES
| Parcel Number | 49-06-34-119-014.000-101 | Improvements Assessment | $728,200 |
| Land Assessment | $439,700 | Total Assessment | $1,167,900 |
PROPERTY TAXES
Parcel Number
49-06-34-119-014.000-101
Land Assessment
$439,700
Improvements Assessment
$728,200
Total Assessment
$1,167,900
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