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2831-2841 E 38th St
Indianapolis, IN 46218
Retail Property For Sale
Investment Highlights
- 12 Years Remaining on a 15-Year Absolute Net Lease with No Landlord Responsibilities
- Two, 5-Year Renewal Options with 10% Rental Increases in Each Option
- Unparalleled Location | Located in the City of Indianapolis
- Corporate Tenant | Corporate Guarantee
- Situated in Dense Retail Corridor | Walgreens, Save-A-Lot, Dollar General, Family Dollar, McDonald’s, Taco Bell, Subway, & Many More...
- Strong Demographics | 255,600+ Residents | $70,300+ AHHI | Within 5-Miles
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,228 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.76 AC
Zoning
ZO01
Parking
45 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 49-07-20-120-001.000-101 | Improvements Assessment | $138,000 |
| Land Assessment | $32,800 | Total Assessment | $170,800 |
Property Taxes
Parcel Number
49-07-20-120-001.000-101
Land Assessment
$32,800
Improvements Assessment
$138,000
Total Assessment
$170,800
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