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2602 Ruth Dr 10,000 SF Retail Building Indianapolis, IN 46240 $4,500,000 ($450/SF) 5% Cap Rate

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PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
1984
Price
$4,500,000
Price Per SF
$450
Cap Rate
5%
NOI
$225,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.80 AC
Zoning
C-1
Parking
110 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
147’ on Ruth Dr

NEARBY MAJOR RETAILERS

Starbucks
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-02-30-122-004.000-800
Land Assessment
$549,100
Improvements Assessment
$515,500
Total Assessment
$1,064,600
  • Listing ID: 35042955

  • Date on Market: 3/6/2025

  • Last Updated:

  • Address: 2602 Ruth Dr, Indianapolis, IN 46240

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2602 Ruth Dr

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