Log In/Sign Up
Your email has been sent.
Greenbrook Shoppes 8245-8335 S US Highway 31 56,992 SF 100% Leased Retail Building Indianapolis, IN 46227 $12,339,933 CAD ($216.52 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% Occupied 56,992 SF Shopping Center Positioned Along US-31 (S. Meridian St) | High Visibility in Major Indianapolis Corridor
- New Roof in 2024 with 15 Year Warranty Over Circle City Bargains, Abuelito Mexican and Ichiban
- Below Market Average Rent/SF of $13.87 with 18% of the GLA Having No Options
- Discount Tire Recently Renovated Their Entire Store at Own Cost of Over $300,000
- Dense Demographics – Over 209K People in 5-Mile Radius | Avg. Household Income Exceeding $83,000
- Excellent Ingress/Egress Along US-31 | Positioned in a Retail Node with Heavy Commuter & Destination Traffic
EXECUTIVE SUMMARY
100% Occupied 56,992 SF Shopping Center in Indianapolis, IN
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
56,992 SF
Building Class
B
Year Built
1986
Price
$12,339,933 CAD
Price Per SF
$216.52 CAD
Cap Rate
8%
NOI
$987,393 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
5.49 AC
Zoning
C-5 - Commercial
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 49-15-19-113-005.000-500 | Improvements Assessment | $1,860,499 CAD |
| Land Assessment | $2,004,189 CAD | Total Assessment | $3,864,688 CAD |
PROPERTY TAXES
Parcel Number
49-15-19-113-005.000-500
Land Assessment
$2,004,189 CAD
Improvements Assessment
$1,860,499 CAD
Total Assessment
$3,864,688 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Greenbrook Shoppes | 8245-8335 S US Highway 31
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.