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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

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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
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
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.
View Photo Floor Plan Suites A1 373 Meridian Parke Ln.
  • Listing ID: 29800789

  • Date on Market: 2023-10-16

  • Last Updated:

  • Address: 373 Meridian Parke Ln, Greenwood, IN 46142

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