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Six Over Meridian NNN Retail Condos
Indianapolis, IN Circle City

$7,000,000 USD

Multifamily For Sale  •  12,500 SF

2 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 6.76 %
  • Zoning CBD2
65 Transit Score
90 Walk Score

Highlights

Long-term NNN leases with rental escalators (7.43% Cap Rate in 2033)
Walking distance to Gainbridge Fieldhouse (Pacers) & Lucas Oil Stadium (Colts)
Population in a three-mile radius is approximately 103,000 residents with an average household income of $106,727 within a one-mile radius.
Premier location on the hard-corner intersection of Georgia Street and South Meridian Street
Historical occupancy and well-known restaurant concepts
Cap Rate: 6.76 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
1 min 6 min 0.3 mi
AirportDriveWalkDistance
Indianapolis International 25 min - 13.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Jordan Klink 317-218-5316 Marcus & Millichap
Jordan Klink 317-218-5316 Marcus & Millichap