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6925 Parkdale Pl 11,369 SF Office Building Indianapolis, IN 46254 $1,285,000 ($113.03/SF) 7.52% Cap Rate
Investment Highlights
- Hopebridge Autism Center
Executive Summary
Located on West Side Indianapolis, this investment is home to Hopebridge Autism Center since 2017. Recently renewal through September 2030 with additional 5 year renewal through 2034 with increase. NOI $96,612/7.5% Cap/ 3%NNN Lease.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
11,369 SF
Building Class
C
Year Built/Renovated
1975/1987
Price
$1,285,000
Price Per SF
$113.03
Cap Rate
7.52%
NOI
$96,612
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,369 SF
Building FAR
0.16
Lot Size
1.62 AC
Zoning
PK2
Parking
94 Spaces (8.27 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 49-05-14-106-006.000-600 | Improvements Assessment | $389,000 |
| Land Assessment | $310,500 | Total Assessment | $699,500 |
Property Taxes
Parcel Number
49-05-14-106-006.000-600
Land Assessment
$310,500
Improvements Assessment
$389,000
Total Assessment
$699,500
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Map
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Contact the Sale Advisor
6925 Parkdale Pl