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140 S College Ave 8,713 SF 74% Leased Retail Building Indianapolis, IN 46202 $3,903,673 CAD ($448.03 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
$3,903,673 CAD
Price Per SF
$448.03 CAD
Cap Rate
7.64%
NOI
$298,357 CAD
Percent Leased
74%
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)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 2,250 SF
- Office/Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,250 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 2,250 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-11-12-134-004.000-101 | Improvements Assessment | $332,976 CAD |
| Land Assessment | $1,298,759 CAD | Total Assessment | $1,631,735 CAD |
Property Taxes
Parcel Number
49-11-12-134-004.000-101
Land Assessment
$1,298,759 CAD
Improvements Assessment
$332,976 CAD
Total Assessment
$1,631,735 CAD
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140 S College Ave
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