6100 N Keystone Ave | Indianapolis, IN 46220
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- LoopNet Team
6100 N Keystone Ave
Indianapolis, IN 46220
Broad Ripple Tower · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive building that underwent considerable renovations in 2017 and recent capital improvements, including ~$650,000 in HVAC repairs ($9.06 psf).
- Ideal suburban location with attractive rental rates for prospective tenants, just 7.5 miles from the major corporations in Downtown Indianapolis.
- The Uptown office submarket is 94.8% leased, a 3.7% improvement from the overall Indianapolis office market.
- New ownership can acquire the Property at a significant discount to replacement cost, creating immediate value and upside potential.
- The expected low-basis PSF puts ownership at a significant capital advantage, allowing for the potential to ask for below-market rental rates.
PROPERTY FACTS
Property Type
Office
Building Size
82,350 SF
Building Class
B
Year Built/Renovated
1968/2017
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
13,725 SF
Slab To Slab
9’6”
Building FAR
0.76
Lot Size
2.49 AC
Zoning
ZO01 - Commercial
Parking
145 Spaces (2.02 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
- Signage
PROPERTY TAXES
| Parcel Number | 49-07-06-128-004.000-801 | Improvements Assessment | $1,625,400 |
| Land Assessment | $835,300 | Total Assessment | $2,460,700 |
PROPERTY TAXES
Parcel Number
49-07-06-128-004.000-801
Land Assessment
$835,300
Improvements Assessment
$1,625,400
Total Assessment
$2,460,700
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