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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



Executive Summary
Prime investment opportunity. Leaseback from Metazoa Brewing Company fully guaranteed.
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)
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-11-12-134-004.000-101 | Improvements Assessment | $308,632 CAD |
| Land Assessment | $1,294,890 CAD | Total Assessment | $1,603,523 CAD |
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
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140 S College Ave
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