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7720 Michigan Rd
Indianapolis, IN 46268 Augusta

$1,350,000 USD

Veterinarian Kennel For Sale  •  5,600 SF

Property Details

• Property Type Veterinarian Kennel
• Total Building Size 5,600 SF
• Lot Size 1.19 AC
• Building Class C
• Year Built 1958
• Cap Rate 10.38 %
• Tenancy Single
• Zoning ZO01

26 Transit Score

42 Walk Score

Highlights

The property sits on the very well-trafficked Michigan Rd, which sees over 33,632 VPD.

The current lease features annual CPI increases, a great hedge against inflation.

The property has a general commercial zoning designation, supporting a range of commercial and light industrial uses.

Demographics in the immediate area are strong, with a household income average of over $100,000 in a 5-mile radius.

The property has a very long, illustrious history operating as a veterinary clinic and is currently operated by NVA, one of the strongest operators.

Cap Rate:

10.38 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Michigan Road Animal Hospital	5,600 SF	12/31/2026

Public Transportation

Airport	Drive	Walk	Distance
Indianapolis International	39 min	-	21.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes