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373 Meridian Parke Ln - Investment - Office Condo - Fully Leased 6,330 SF Office Condo Unit Offered at $1,535,512 CAD in Greenwood, IN 46142



INVESTMENT HIGHLIGHTS
- Great investment opportunity! Office Condo A - 3 separate suites - FULLY LEASED - 7.49% CAP Rate
EXECUTIVE SUMMARY
Office Condo A - Fully Leased Three (3) separate suites: Suite A-1: 3,392 SF/NNN Most furniture and equipment owned by Landlord/Seller and will be part of the sale. (Includes: standing electric desks, cubicles, computer monitors, and appliances.) Suite A-2: 1,024 SF/MG Suite A-3: 1,614 SF/MG Total Condo Size: 6,330/SF
DATA ROOM Click Here to Access
PROPERTY FACTS
| Total Building Size | 6,330 SF | Typical Floor Size | 15,437 SF |
| Property Type | Office (Condo) | Year Built | 1998 |
| Property Subtype | Medical | Lot Size | 1.66 AC |
| Building Class | B | Parking Ratio | 14.06/1,000 SF |
| Floors | 1 | ||
| Zoning | CM - Commercial | ||
| Total Building Size | 6,330 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 15,437 SF |
| Year Built | 1998 |
| Lot Size | 1.66 AC |
| Parking Ratio | 14.06/1,000 SF |
| Zoning | CM - Commercial |
AMENITIES
- Signage
- Central Heating
- Wi-Fi
- Air Conditioning
1 UNIT AVAILABLE
Unit A
| Unit Size | 6,330 SF | Sale Type | Investment |
| Price | $1,535,512 CAD | Cap Rate | 7.49% |
| Price Per SF | $242.58 CAD | NOI | $115,009.85 CAD |
| Condo Use | Office | APN/Parcel ID | 41-03-35-011-010.000-041 |
| Unit Size | 6,330 SF |
| Price | $1,535,512 CAD |
| Price Per SF | $242.58 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.49% |
| NOI | $115,009.85 CAD |
| APN/Parcel ID | 41-03-35-011-010.000-041 |
DESCRIPTION
Office Condo A - Fully Leased
Three (3) separate suites:
Suite A-1: 3,392 SF/NNN
Most furniture and equipment owned by Landlord/Seller and will be part of the sale. (Includes: standing electric desks, cubicles, computer monitors, and appliances.)
Suite A-2: 1,024 SF/MG
Suite A-3: 1,614 SF/MG
Total Condo Size: 6,330/SF
SALE NOTES
Roof and Gutters replaced in 2020. (approximately $80,000.00)
Parking Lot milled and repaved in 2017. (approximately $40,000.00)
Sidewalks redone late November 2023
Condo Association: Current Landlord/Seller is responsible for all management of the association. Option for Buyer to take over or discuss with other condo ownership.
Floor Plan Suites A1 373 Meridian Parke Ln.
Presented by
Blackwell Commercial Real Estate
373 Meridian Parke Ln - Investment - Office Condo - Fully Leased
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