Pegasus Investments, as exclusive investment advisor to Seller, is pleased to offer for sale the opportunity to purchase the fee-simple interest (land & building) in Racquet Square West a trophy quality, 100% occupied, 2-tenant net leased retail property located within Indianapolis' premier luxury shopping destination. The Property is strategically located along 82nd Street between Keystone Parkway and I-465 in the Clearwater region of Indianapolis, Indiana. Racquet Square West is 100% occupied by a favorable mix of lifestyle retailers catering to Indianapolis' youngest, most affluent population. With an average remaining lease term of 6 ½ years and both tenant leases backed by publicly traded corporations with scheduled rental increases, Racquet Square West offers investors the unique combination of income stream diversification, tenant stability, and an irreplaceable location within Clearwater, the most highly sought-after demographic market of northern Indianapolis.
Price Upon Req.13,110 SF
***BIDDER DEPOSITS MUST BE PLACED ONLY BY WIRE TRANSFER OR CASHIERS CHECK. CREDIT CARDS WILL NOT BE ACCEPTED.***Property tours will take place on Wednesday, June 15 and June 22 from 2:00PM to 3:00PM local time, or upon request. Please contact the listing broker or the Ten-X representative to RSVP.The property consists of two 100%-leased commercial condominium units totaling 13,110 square feet, occupying the entire ground floor of the mixed-use building located at 141 South Meridian Street known as Six Over Meridian in the Indianapolis, Indiana CBD. Six Over Meridian is a six story, approximately 110,000-SF historically classified building containing restaurant/night club space on the ground level, additional commercial condominium space on levels two and three, and residential condominiums on levels four through six. The Property is presently 100% leased to two national restaurant/night club operators: Tilted Kilt occupying 7,500 SF; and Howl at the Moon occupying the remaining 5,610 SF.
Located between the new Rolls-Royce Downtown Headquarters and the Lilly complex. Two block walk to Lucas Oil or Bankers Life Fieldhouse, and next to City Way and the coming YMCA. Direct access on/off of I-70, you can't find a better location in Indianapolis. The only 2-way/2-way corner in downtown Indianapolis. Zoned for Commercial. Great site for Hotel, Retail, Multifamily. Currently leased as a parking lot at an attractive ROI as asking price.
46 Unit... ALL 2 BEDROOM/1Bath! MONEY MAKER! Financials for the last 3 years are available upon request. Property is getting a BRAND NEW ROOF within the next few days! Property next door has approximately 200 building permits pulled for renovation. Within 3 miles of downtown! Easy access to I-65 and I-70. On bus line. This could be bought as a package with 72 other units on East Washington Street near Emerson. Do the math and don't let this one get away!
72 units, 60 1 bedroom/1bath, 12 studios with at least 90% occupancy! Office and shop on premises. On major bus route and about 4 miles from downtown! Near sought after Irvington! All brick, low maintenance, built in 1970. Complete financials available upon request for the last 3 years. This can be bought with an additional 46 units. Great property to increase inventory. Run the numbers and buy TODAY!
This property is currently being used as a beauty salon. Sitting on nearly two and a half lots, just steps away from Ivy Tech College, its a great opportunity for development. Perhaps new multi-family? Zoning is D8.
Stan Johnson Company is offering for sale to qualified investors the opportunity to purchase a 100% fee-simple interest in the commercial property located at 7105 W. Morris Street, Indianapolis, Indiana (the Property ). The facility is leased to Federal Express Corporation and functions as a FedEx Express Ship Center. The center provides a central location for FedEx customers to deposit packages for shipping. The center also provides International Shipping, Express Services, Ground Services, Dangerous Goods Shipping, and Monday - Saturday Hold at Location Services.
Great Location with commercial and residential around the property.
Price Reduced!!!! Located adjacent to Walmart anchored center, this site has excellent frontage on busy, high traffic-volume street. Site includes Staples and prominent billboard. Good location in good demographics in Indianapolis MSA. Staples on 10 year lease with initial term until 2016 with four (5) year options, and billboard lease with term until 2015 with options to extend. Rent bumps in extension periods of both.
Investment opportunity. INDIANAPOLIS 46201 - Two units Multi-Family 3 Bed, 2 baths Multifamily property of two units on 4,791 sq ft lot. Lot: 35' x 137' Two units one 2 Bedroom unit and the other one bedroom unit, area: 959 sq ft Total: 3 Bedrooms, 2 bathrooms Porch total area: 284 sq ft Great value . The property needs a full rehab but has great potential at this price.