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Investment Highlights

  • Great visibility and access to/from I-465 and I-70
  • Immediate access to the Indianapolis International Airport and many hotels
  • Lease Rate: $15.75/SF net of janitorial
  • Zoning: I3 (outdoor storage permitted)
  • Sale Price: $2,450,000 ($95.52/SF)$SF)
  • Up to 12,824 SF Available

Executive Summary

• Great visibility and access to/from I-465 and I-70
• Parcel #: 49-12-24-102-012.000-900
• Zoning: I3 (outdoor storage permitted)
• Immediate access to the Indianapolis International Airport and many hotels
• Sale Price: $2,450,000 ($95.52/SF)$SF)
• Lease Rate: $15.75/SF net of janitorial
• Up to 12,824 SF Available

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
25,648 SF
Building Class
B
Year Built/Renovated
1972/2011
Price
$3,420,494 CAD
Price Per SF
$133.36 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,600 SF
Slab To Slab
9’
Building FAR
0.31
Lot Size
1.93 AC
Zoning
I3 - Industrial
Parking
125 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • Reception
  • Partitioned Offices
  • Wi-Fi
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 12,824 SF
  • Office
  • Full Build-Out
  • Now

• Great visibility and access to/from I-465 and I-70 • Parcel #: 49-12-24-102-012.000-900 • Zoning: I3 (outdoor storage permitted) • Immediate access to the Indianapolis International Airport and many hotels • Sale Price: $2,450,000 ($95.52/SF)$SF) • Lease Rate: $15.75/SF net of janitorial • Up to 12,824 SF Available

Space Size Space Use Build-Out Available
1st Floor 12,824 SF Office Full Build-Out Now

1st Floor

Size
12,824 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 12,824 SF
Space Use Office
Build-Out Full Build-Out
Available Now

• Great visibility and access to/from I-465 and I-70 • Parcel #: 49-12-24-102-012.000-900 • Zoning: I3 (outdoor storage permitted) • Immediate access to the Indianapolis International Airport and many hotels • Sale Price: $2,450,000 ($95.52/SF)$SF) • Lease Rate: $15.75/SF net of janitorial • Up to 12,824 SF Available

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
49-12-24-102-012.000-900
Land Assessment
$351,839 CAD
Improvements Assessment
$1,747,068 CAD
Total Assessment
$2,098,907 CAD
  • Listing ID: 39225105

  • Date on Market: 2023-04-25

  • Last Updated:

  • Address: 5726 Professional Cir, Indianapolis, IN 46241

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