5840 Promenade Shops Blvd | Noblesville, IN 46062
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5840 Promenade Shops Blvd
Noblesville, IN 46062
The Learning Experience · Retail Property For Sale
Investment Highlights
- Tenant is Responsible For Common Area Maintenance, Property Taxes, Insurance, HVAC & Parking Lot
- 11% Rental Increases Every 5 Years and Each Renewal Option
- +/-$70M Mixed-Use Development (Midland Pointe) Across Street will Include Wawa, Crew Car Wash, Bank Building, Retail Strip Centers and Residential
- Brand-New 2023 Construction
- Minimal Landlord Responsibilities (Roof & Structure – Roof Warranty in Place)
- 5-Mile Average Household Income of +/-$128,000 and 5-Mile Consumer Spending Approximately $2.3 Billion
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.46 AC
Parking
45 Spaces (4.5 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,976,200 | |
| Land Assessment | $4,282,100 | Total Assessment | $6,258,300 |
Property Taxes
Parcel Numbers
Land Assessment
$4,282,100
Improvements Assessment
$1,976,200
Total Assessment
$6,258,300
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