Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

140 S College Ave 8,713 SF 100% Leased Retail Building Indianapolis, IN 46202 $3,876,883 CAD ($444.95 CAD/SF) 7.64% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Executive Summary

Prime investment opportunity. Leaseback from Metazoa Brewing Company fully guaranteed.

Attachments

Brochure _P_-87

Property Facts

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
8,713 SF
Building Class
A
Year Built
1937
Price
$3,876,883 CAD
Price Per SF
$444.95 CAD
Cap Rate
7.64%
NOI
$296,310 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.94 AC
Opportunity Zone
Yes
Zoning
CBD-S - Central Business District - Special
Parking
50 Spaces (5.74 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (81)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

barre3
Orangetheory Fitness
Starbucks
Whole Foods Market
Old National Bank
Bank of America
Horizon Bank
F45 Training
StorageMart
Steak ‘n Shake

Property Taxes

Property Taxes

Parcel Number
49-11-12-134-004.000-101
Land Assessment
$1,294,890 CAD
Improvements Assessment
$308,632 CAD
Total Assessment
$1,603,523 CAD
  • Listing ID: 38964042

  • Date on Market: 2026-01-04

  • Last Updated:

  • Address: 140 S College Ave, Indianapolis, IN 46202

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}