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5342 W Vermont St
Indianapolis, IN 46224
Office Property For Sale

Investment Highlights

  • $500,000 Price Reduction!!! - New List $2,600,000 + $100,000 HVAC Allowance
  • OWNER/USER: Current Tenant Will Vacate or Lease Partial Square Footage.
  • Multiple Conference Rooms, Meeting, Training, Flex, Coworking Space, Wet Bar and Media Center w/50+ person capacity
  • OWNER/INVESTOR: NNN Lease (12-31-2027 Exp.), $222,202 NOI, 8.55 CAP, 2% Annual Base Escalations.
  • 19,700 SF - Class B+ Office Building
  • New Roof and Gutters 2017

Property Facts

Property Type
Office
Building Size
19,700 SF
Building Class
B
Year Built/Renovated
1990/2015
Tenancy
Single
Building Height
1 Story
Typical Floor Size
19,700 SF
Building FAR
0.23
Lot Size
1.96 AC
Zoning
C-4
Parking
60 Spaces (3.04 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
49-12-01-116-008.000-900
Land Assessment
$192,600
Improvements Assessment
$1,863,800
Total Assessment
$2,056,400
  • Listing ID: 31227849

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 5342 W Vermont St, Indianapolis, IN 46224

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