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4415 Saguaro Trl

14,920 SF Industrial Building Indianapolis, IN 46268 $2,247,488 CAD ($151 CAD/SF) 8.60% Cap Rate

Investment Highlights

  • Universal and functional, free-standing flex building
  • 4+ years of lease term remaining
  • NNN lease with 2.00% rent escalations
  • Strategically located off I-465 and I-65

Executive Summary

Universal and functional, free-standing flex building with significant"bolt-down" costs available for sale. Current tenant has a NNN lease with 2.00% rent escalations and 4+ years of lease term remaining. Almost 30 years of operating history at this location.
Strategically located off I-465 (109,875 VPD) and I-65 (53,386 VPD).

Property Facts

Price $2,247,488 CAD
Price Per SF $151 CAD
Sale Type Investment NNN
Cap Rate 8.60%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.23 AC
Rentable Building Area 14,920 SF
No. Stories 1
Year Built 1984
Tenancy Single
Parking Ratio 1.68/1,000 SF
No. Drive In / Grade-Level Doors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-03-31-117-036.000-600
Land Assessment
$248,825 CAD
Improvements Assessment
$507,100 CAD
Total Assessment
$755,924 CAD

zoning

Zoning Code I-2 (Industrial Warehouse)
I-2 (Industrial Warehouse)
  • Listing ID: 32876938

  • Date on Market: 2024-08-19

  • Last Updated:

  • Address: 4415 Saguaro Trl, Indianapolis, IN 46268

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