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2450 Production Dr 11,600 SF 100% Leased Industrial Building Indianapolis, IN 46241 $1,425,000 ($122.84/SF) 6.78% Cap Rate
Investment Highlights
- 2 Tenants with leases expiring 5/31/2031
- Year 1 NOI (as of 6/1/2026): $96,682.84
- WALT (as of 6/1/2026): 5.00 years
- Operating Expenses: $3.19/SF
Executive Summary
Investment Opportunity Just Minutes From Indianapolis International Airport
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,425,000 | Rentable Building Area | 11,600 SF |
| Price Per SF | $122.84 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1965 |
| Cap Rate | 6.78% | Parking Ratio | 3.93/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 1.40 AC | Cross Streets | Professional Cir |
| Zoning | I-3-S | ||
| Price | $1,425,000 |
| Price Per SF | $122.84 |
| Sale Type | Investment |
| Cap Rate | 6.78% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.40 AC |
| Rentable Building Area | 11,600 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 3.93/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Cross Streets | Professional Cir |
| Zoning | I-3-S |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 49-12-24-102-062.000-900 | Improvements Assessment | $335,600 (2025) |
| Land Assessment | $125,800 (2025) | Total Assessment | $461,400 (2025) |
Property Taxes
Parcel Number
49-12-24-102-062.000-900
Land Assessment
$125,800 (2025)
Improvements Assessment
$335,600 (2025)
Total Assessment
$461,400 (2025)
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