Log In/Sign Up
Your email has been sent.
525 Congressional Blvd 46,617 SF Flex Building Carmel, IN 46032 $9,321,381 CAD ($199.96 CAD/SF) 7.60% Cap Rate
Investment Highlights
- 46,617 RSF on 8.8 acres.
- 155 parking spaces for 3.3/1,000 ratio.
- Two (2) overhead drive-in doors
- Currently configured for a single tenant, but has three banks of multi-occupant restrooms for future multi-tenant potential.
- Fenced outdoor playground and recreation area.
- Built in 1988 and expanded in 2000.
Executive Summary
Investment opportunity in the heart of Carmel, Indiana.
Property Facts
| Price | $9,321,381 CAD | Rentable Building Area | 46,617 SF |
| Price Per SF | $199.96 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1988 |
| Cap Rate | 7.60% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 3.28/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 15’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 6.09 AC | ||
| Zoning | B2 - B-2 zoning with a variance for Pre-k to 12th grade primary and secondary education. | ||
| Price | $9,321,381 CAD |
| Price Per SF | $199.96 CAD |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 6.09 AC |
| Rentable Building Area | 46,617 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 3.28/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | B2 - B-2 zoning with a variance for Pre-k to 12th grade primary and secondary education. |
Amenities
- Conferencing Facility
- Signage
Utilities
- Heating - Gas
1 1
Bike Score®
Very Bikeable (74)
Property Taxes
| Parcel Number | 29-09-35-001-014.000-018 | Improvements Assessment | $2,651,620 CAD |
| Land Assessment | $1,822,270 CAD | Total Assessment | $4,473,890 CAD |
Property Taxes
Parcel Number
29-09-35-001-014.000-018
Land Assessment
$1,822,270 CAD
Improvements Assessment
$2,651,620 CAD
Total Assessment
$4,473,890 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
525 Congressional Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.