Whitestown Parkway 7119 Whitestown Pkwy 11 332 pi² 100% Loué 4-Étoile Commerce de détail Immeuble Zionsville, IN 46077 6 327 426 $ CAD (558,37 $ CAD/pi²) 6,50% Taux de capitalisation

The Klink Group of Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire Whitestown Parkway, a 100% occupied Class A multi-tenant retail strip center located in Zionsville, Indiana within the Indianapolis MSA.
Constructed in 2018, the Property features high-quality Class A construction, including a brick and stone façade, professionally maintained landscaping, no deferred maintenance, and approximately 11 years of remaining roof warranty coverage. Whitestown Parkway is fully leased to a diverse tenant roster consisting of Marco's Pizza, Palm Beach Tan, Pet Wellness Clinic, GNC, and Desi Chowrastha Indian Restaurant. All tenants operate under triple-net lease structures and reimburse their pro-rata share of common area maintenance expenses, real estate taxes, insurance, and management fees. Additionally, all tenants, with the exception of Palm Beach Tan, are responsible for HVAC replacement throughout the remainder of their lease terms.
The Property is situated on 1.15 acres along Whitestown Parkway within the municipality of Whitestown and utilizes a Zionsville mailing address, which is common throughout the surrounding trade area. Positioned along a heavily traveled retail corridor with traffic counts of approximately 30,000 vehicles per day, the Property benefits from exceptional visibility and accessibility. Located between downtown Zionsville, one of Indianapolis' most affluent and desirable suburban communities, and Interstate 65, which carries approximately 95,000 vehicles per day, the Property is surrounded by a dense concentration of national retailers, residential developments, and employment centers.
Whitestown Parkway presents investors with the opportunity to acquire a fully stabilized Class A retail asset within one of the fastest-growing and most affluent submarkets in the Indianapolis MSA. The Property offers future revenue growth through tenant renewal options and the potential to capture market rent growth over time, all within a supply-constrained trade area supported by strong demographics, robust population growth, and significant ongoing residential development.