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Investment Highlights
- Immediate acquirer occupancy opportunities.
- Located in Broad Ripple Village, 1 of only 7 recognized cultural districts in Indianapolis.
- Established tenants (Bobby Cooper Salon, Barre Ripple Movement, Absolute Endodontics) with below-market rents.
- Four-story boutique office/retail lifestyle complex.
- Steps from the Monon Trail.
- Two Red Line stops within 2 blocks either direction on College Avenue.
Executive Summary
The Veranda Compound
Total SF: 11,873 SF:
- 9,506 SF - Veranda, 4-story bldg.
- 1,687 SF - Commercial bungalow
- 6418 Carrollton Ave.
- 680 SF - Garage/storage bldg.
- 6421 N. College Ave.
Total SF: 11,873 SF:
- 9,506 SF - Veranda, 4-story bldg.
- 1,687 SF - Commercial bungalow
- 6418 Carrollton Ave.
- 680 SF - Garage/storage bldg.
- 6421 N. College Ave.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
9,506 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,377 SF
Building FAR
1.28
Lot Size
0.17 AC
Zoning
MU2
Parking
32 Spaces (3.37 Spaces per 1,000 SF Leased)
Amenities
- Balcony
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (83)
Property Taxes
| Parcel Number | 49-03-36-100-020.000-801 | Improvements Assessment | $876,100 (2024) |
| Land Assessment | $122,300 (2024) | Total Assessment | $998,400 (2024) |
Property Taxes
Parcel Number
49-03-36-100-020.000-801
Land Assessment
$122,300 (2024)
Improvements Assessment
$876,100 (2024)
Total Assessment
$998,400 (2024)
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Contact the Sale Advisor
The Veranda Compound | 725 E 65th St
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