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Eagle Highland Shops 7002-7038 Shore Ter 14,025 SF 100% Leased Retail Building Indianapolis, IN 46254 $2,240,000 ($159.71/SF) 8.15% Cap Rate
Investment Highlights
- 100% Occupied Retail Strip | 14,025 Square Feet | 7 Suites
- Annual Rent Increases for every Tenant
- Easy Access to Interstate 465 Beltway | Strong Regional Accessibility and High Traffic Exposure
- All NNN Leases
- Zero Lease Rollover until February 2028
- High-Density Interstate Exit Corridor Supported by Major Retail & Medical Traffic Drivers
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
14,025 SF
Building Class
B
Year Built
1985
Price
$2,240,000
Price Per SF
$159.71
Cap Rate
8.15%
NOI
$182,488
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.35 AC
Zoning
ZO01 - typically refers to a specific land-use classification in a city's zoning code.
Parking
85 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-05-14-139-006.000-600 | Total Assessment | $740,900 |
| Land Assessment | $441,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $299,900 | Tax Year | 2025 |
Property Taxes
Parcel Number
49-05-14-139-006.000-600
Land Assessment
$441,000
Improvements Assessment
$299,900
Total Assessment
$740,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Eagle Highland Shops | 7002-7038 Shore Ter