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6201 Corporate Dr 23,048 SF 100% Leased Office Building Indianapolis, IN 46278 $2,395,000 ($103.91/SF)
Investment Highlights
- 23,048 Square Foot HQ office building perfect for an Owner/User with additional revenue.
- Opportunity to increase rental rates on 21% of the building in 2024, current rental rates are below market.
- Entire 2nd floor was renovated in 2016 and is ready for a new company (11,524 RSF).
- 2 tenants leasing suites on the 1st floor - 40% occupied.
- 2 Acres with 80 parking spaces (3.5/1,000 SF) - ample parking for a higher-density user.
- 2nd floor is available fully-furnished and move-in ready.
Executive Summary
6201 Corporate Drive provides the perfect opportunity for a company to own its HQ office building and receive revenue from 2 additional tenants in the building. The entire 2nd floor is available for an owner/user and is well appointed with a modern, creative layout and a good mix of private offices, conference/huddle rooms, and an open concept layout. The 1999 construction of the building provides a great presence and ample building signage opportunities for the new owner. The property sits on just over 2 acres with 80 parking spaces to service a high-density headcount.
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- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
23,048 SF
Building Class
B
Year Built/Renovated
1999/2005
Price
$2,395,000
Price Per SF
$103.91
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,991 SF
Building FAR
0.26
Lot Size
2.04 AC
Zoning
CS - Commercial Special
Parking
65 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Central Heating
- Air Conditioning
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Property Taxes
| Parcel Number | 49-04-35-122-031.000-600 | Improvements Assessment | $1,712,400 |
| Land Assessment | $404,100 | Total Assessment | $2,116,500 |
Property Taxes
Parcel Number
49-04-35-122-031.000-600
Land Assessment
$404,100
Improvements Assessment
$1,712,400
Total Assessment
$2,116,500
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