Price Upon Req.198,526 SF
For more information click the link for "Tikijian Associates Website" The Fort is a new Class A apartment community in a highly desirable location on Indianapolis' northeast side. Construction of the 224-unit luxury property was completed in 2012 and its opening was met with high demand. The property experienced an extremely successful lease-up and has maintained high occupancy ever since with virtually no rent concessions. Built by one of Indianapolis' premier developers of luxury apartments, attention to detail is evident in both design and construction of The Fort. The community offers custom-home quality units and an extensive amenity package rivaling the finest in Indianapolis.
Price Upon Req.23,160 SF
Real Estate Auction! Up for auction on Tuesday March 10th at 10:00 AM is this mix of commercial/warehouse and office space. Centrally located at 2216 W. 60th St. Indianapolis, IN 46228 this property has 10,000 SF of office space and over 13,000 SF of warehouse space. All of this is on 2.35 acres and zoned I-2-S.
Price Upon Req.73,742 SF
Property tours will be available. Please contact the listing broker to RSVP and schedule a property tour.Auction.com and HFF are pleased to present the opportunity to acquire Fortune Business Park, which consists of 73,742 SF of two multi-tenanted single-story flex buildings and a two-story office building located in Indianapolis, IN. As of June 2014, the property was 63% occupied by two tenants in three suites.There is a ground lease in place which allocates an additional 61 parking spaces for Bldg VII which runs concurrently with the USPS lease and has been pre-paid in full. There is a perpetual easement in place for Bldgs V and VI which provides access to the rear loading areas.Fortune Business Park is located within the Indianapolis/Carmel MSA, which benefits from positive population trends, affordable housing, relatively low cost of doing business and a good transportation/distribution network. The property's flex space attracts both office and warehouse users, widening the pool of prospective tenants. Fifty-five percent of the rentable area is currently occupied by a single, high-credit tenant, USPS (government agency).
The property has 29 buildings with gross square footage of 231,000 SF including 156 one bedroom (570 SF) units and 192 two bedroom (740 SF) units. The community is located on an 18.62 +/- acre site and is constructed of two-story wood-frame with brick veneer and vinyl sided exteriors, concrete slabs, and pitched asphalt shingle roofs. The property was in process of a renovation and repositioning program when that was halted in February 2014. The property offers substantial upside for a buyer who completes the renovation and continues long term ownership with professional property management. Property amenities include a leasing and management office, a two-story community building with laundry facilities for the tenants. There is room to reinstall an Olympic size swimming pool. The tennis courts and the large playground area have already been removed and demolished by the owner. Oaktree was built in 1969 and has had over $1.05 Million Dollars in capital improvements beginning in 2013. Improvements in 48 renovated units include new carpet, cabinets, appliances, paint, lights, fans, furnace, tubs and sinks. Some have new windows and patio doors.
Corporate Arby's with CPI adjusted rent increases every 5th year, including options. Store opened in 2003 and has 9 yr. remaining on the initial lease term. Current rent of $141,733 increases in 2018 to $149,273. Absolute "NNN" with no landlord obligations during the lease term.
Sands Investment Group is please to exclusively offer for sale a brand new absolute NNN ground lease McDonald's restaurant. Currently under construction with a scheduled completion date within the second week of January, McDonald's has signed a 20 year NNN ground lease with eight (8) - five (5) year options to extend. The rent which commences at $72,000 has a 10% rent increase at year ten with additional 10% rent increases at the start of each option period. McDonald's corporate has an investment grade Standard & Poor's credit rating of 'A' and a NYSE ticker symbol: MCD. This is an excellent opportunity for a 1031 exchange buyer looking for security in one of the highest corporate credit rated tenants in the world. The absolute NNN ground lease allows for zero landlord responsibility making this asset the most passive type of ownership.
Gorgeous estate lot or builder's development opportunity. Level 2.8 acres invites a private home with land or a new neighborhood. City utilities and D3 zoning suitable for multiple sites. Previously separated into two lots known as 5704 and 5710 Blackstone Ave. Close access to Southport Road and I-65. Just a few minutes commute to downtown Indianapolis with enough land to feel like you are back home in the country. Parcels available separately; purchased together, price is $109,000
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.
Owner has taken very good care of this money making duplex! Located on a quiet street owner has retained longer term tenants in both sides and has upgraded regularly. Some of the items completed in the past few years include roof, privacy fence, exterior windows regllazed, laminate flooring, new kitchen remodel and furnace in 513 unit.
Located in the popular Bates Hendricks neighborhood this 5 bedrooms & 3 bathrooms will allow everyone to have their own space! When it was completely rehabbed a few years ago the original charm was left in place wherever possible! Large rooms, archways and built-ins are located thru-out this stately home! Close to Eli Lilly & Lucas Oil Stadium.