3275 & 3295 Shadeland Avenue | 3275 Shadeland Ave
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3275 & 3295 Shadeland Avenue 3275 Shadeland Ave
4,617 SF Retail Building Indianapolis, IN 46226 $844,812 CAD ($183 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Universal and functional, free-standing flex/retail building
- Adjacent land available for building or parking expansion on south side of building
- Single-tenant, net leased investment
Executive Summary
Single-tenant, net leased investment property.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,617 SF
Building Class
C
Year Built/Renovated
1978/2022
Price
$844,812 CAD
Price Per SF
$183 CAD
Cap Rate
8.50%
NOI
$71,827 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
1.74 AC
Zoning
C-4 - Commercial
Parking
19 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
263 ft on Shadeland Avenue
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3275 & 3295 Shadeland Avenue | 3275 Shadeland Ave
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