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10574 Workout Way
Carmel, IN 46032
LA Fitness · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Recent 17-Year Extension
  • Booming Commercial & Cultural Corridor
  • Affluent & Rapidly Growing Indianapolis Suburb
  • Excellent Access & Traffic Counts

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
45,710 SF
Building Class
B
Year Built
2008
Price
$18,639,720 CAD
Price Per SF
$407.78 CAD
Cap Rate
6.75%
NOI
$1,258,171 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
6.00 AC
Parking
317 Spaces (6.94 Spaces per 1,000 SF Leased)
Frontage
492’ on N Michigan Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-13-07-027-003.000-018
Land Assessment
$3,385,392 CAD
Improvements Assessment
$5,880,300 CAD
Total Assessment
$9,265,692 CAD
  • Listing ID: 36128960

  • Date on Market: 2025-06-05

  • Last Updated:

  • Address: 10574 Workout Way, Carmel, IN 46032

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