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The Shops at Concourse 8220 106th St 12,277 SF 100% Leased Retail Building Indianapolis, IN 46256 $5,250,000 ($427.63/SF) 7.10% Cap Rate
Investment Highlights
- Modern neighborhood shopping center with high visibility
Executive Summary
100% Leased Retail Investment Opportunity in the Heart of Growing Fishers, IN
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,277 SF
Building Class
B
Year Built
2018
Price
$5,250,000
Price Per SF
$427.63
Cap Rate
7.10%
NOI
$372,750
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.00 AC
Zoning
C - Commercial
Parking
69 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
895’ on East 106th Street
Amenities
- Signage
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-14-12-003-001.213-006 | Improvements Assessment | $1,529,100 |
| Land Assessment | $1,080,000 | Total Assessment | $2,609,100 |
Property Taxes
Parcel Number
29-14-12-003-001.213-006
Land Assessment
$1,080,000
Improvements Assessment
$1,529,100
Total Assessment
$2,609,100
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