4335 W 106th St | Carmel, IN 46032
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4335 W 106th St
Carmel, IN 46032
West Carmel Shoppes · Retail Property For Sale
Investment Highlights
- All Tenants Under Triple-Net Leases | Internet-Resistant Tenant Mix | Strong Historical Occupancy
- Little to No Rollover Risk | Tenants Carry an Average of Five Years of Term Remaining | Double-Digit Return Based on Current Market Financing
- Affluent Area; Average Household Incomes Exceeding $130,000 with Over 125,000 Residents within Five-Miles
- Positioned Near a Major Signalized Intersection with Dedicated Turn Lanes Which Sees Over 40,000 VPD
- Carmel, IN Ranked as the No. 2 Best Place to Live in the Country in 2021 by Money.com
- Nearly 48 Percent Growth in Population and 43 Percent Growth in Median Household Income Since 2000 within Five-Miles
Property Facts
Property Type
Retail
Property Subtype
Building Size
29,250 SF
Building Class
C
Year Built
1999
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
3.67 AC
Zoning
C - Commercial
Parking
107 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
340’ on West 106th Street
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 29-13-07-012-002.000-018 | Improvements Assessment | $3,705,700 |
| Land Assessment | $1,743,300 | Total Assessment | $5,449,000 |
Property Taxes
Parcel Number
29-13-07-012-002.000-018
Land Assessment
$1,743,300
Improvements Assessment
$3,705,700
Total Assessment
$5,449,000
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