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6301 & 6309 Rockville RD (36W) 6309 Rockville Rd

6,595 SF Retail Building Indianapolis, IN 46214 $1,417,470 CAD ($215 CAD/SF) 4.09% Cap Rate

Investment Highlights

  • High Traffic Location
  • Excellent Location for Drive Thru Kiosk
  • Going to Work Traffic

Executive Summary

New To Market .76ac C3 @ Lighted Intersection of 465 & 36
• EXCELLENT LOCATION FOR DRIVE THRU COFFEE KIOSK!
• .76 acres
• Zoned C3
• SW Corner of 465 & 36/Rockville RD Interchange
• At Lighted Intersection
• Right In/Right Out Ingress/Egress
• Current Structures total 6939sf and generate $51,900 annual rents
• Priced at $1MM

Financial Summary (Actual - 2021)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $73,567 $11.15
Other Income - -
Vacancy Loss - -
Effective Gross Income $73,567 $11.15
Taxes $15,585 $2.36
Operating Expenses - -
Total Expenses $15,585 $2.36
Net Operating Income - -

Financial Summary (Actual - 2021)

Gross Rental Income (CAD)
Annual $73,567
Annual Per SF $11.15
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $73,567
Annual Per SF $11.15
Taxes (CAD)
Annual $15,585
Annual Per SF $2.36
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $15,585
Annual Per SF $2.36
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Deferred Maintenance
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,595 SF
Building Class
C
Year Built
1935
Price
$1,417,470 CAD
Price Per SF
$215 CAD
Cap Rate
4.09%
NOI
$57,982 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Land Acres
0.76 AC
Zoning
C3 - C3 Marion Co.
Parking
12 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
131 ft on 36 West

Amenities

  • 24 Hour Access
  • Restaurant
  • Signalized Intersection
  • Kiosk/Cart Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-12-11-130-150.000-900
  • 49-12-11-130-141.000-900
Land Assessment
$250,339 CAD (2023)
Improvements Assessment
$237,682 CAD (2023)
Total Assessment
$488,021 CAD (2023)
Annual Taxes
$15,585 CAD ($2.36 CAD/SF)
Tax Year
2021
  • Listing ID: 26368193

  • Date on Market: 2022-08-09

  • Last Updated:

  • Address: 6309 Rockville Rd, Indianapolis, IN 46214

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