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951 W Morris St
Indianapolis, IN 46221
Zaahi Studios · Industriel Propriété À vendre


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Résumé de l'annonce
Current NOI: $136,539
Projected NOI: $296,139
**951 W Morris St is a value-add industrial investment. Suites A-C are leased to DK Home Furniture & Mattress. Suite E is leased to RH Motorsports. There is a 60-day Landlord termination option for both tenants upon a sale of the property.
Allies Commercial Realty has been exclusively retained to market for sale the Riva Campo Portfolio, a rare five-parcel industrial and flex property package totaling 78,543 SF across 3.33 acres in Indianapolis. With C-7 zoning and a strategic location near Lucas Oil Stadium, Lilly Technology Center, and the White River, this portfolio offers significant upside for investors seeking value-add opportunities in a rapidly developing submarket.
The portfolio consists of five properties featuring diverse building sizes and uses, including industrial, flex, and parking. Combined, the sites offer multiple dock and drive-in loading options, clear heights ranging from 11’–20’, and strong accessibility from both Morris Street and Kentucky Avenue. Currently, the portfolio is 75% occupied allowing for a compelling value-add opportunity for investors seeking to enhance returns through lease-up, repositioning, or redevelopment.
Positioned within minutes of downtown Indianapolis and surrounded by high-profile developments such as Eleven Park, Back 9 Golf, and the Elanco Global HQ, this portfolio is uniquely situated for both passive investment and redevelopment strategies. With year-to-year leases currently in place, investors have the flexibility to reposition the properties to meet market demand and maximize returns.
Projected NOI: $296,139
**951 W Morris St is a value-add industrial investment. Suites A-C are leased to DK Home Furniture & Mattress. Suite E is leased to RH Motorsports. There is a 60-day Landlord termination option for both tenants upon a sale of the property.
Allies Commercial Realty has been exclusively retained to market for sale the Riva Campo Portfolio, a rare five-parcel industrial and flex property package totaling 78,543 SF across 3.33 acres in Indianapolis. With C-7 zoning and a strategic location near Lucas Oil Stadium, Lilly Technology Center, and the White River, this portfolio offers significant upside for investors seeking value-add opportunities in a rapidly developing submarket.
The portfolio consists of five properties featuring diverse building sizes and uses, including industrial, flex, and parking. Combined, the sites offer multiple dock and drive-in loading options, clear heights ranging from 11’–20’, and strong accessibility from both Morris Street and Kentucky Avenue. Currently, the portfolio is 75% occupied allowing for a compelling value-add opportunity for investors seeking to enhance returns through lease-up, repositioning, or redevelopment.
Positioned within minutes of downtown Indianapolis and surrounded by high-profile developments such as Eleven Park, Back 9 Golf, and the Elanco Global HQ, this portfolio is uniquely situated for both passive investment and redevelopment strategies. With year-to-year leases currently in place, investors have the flexibility to reposition the properties to meet market demand and maximize returns.
Faits sur la propriété
Commodités
- Accès 24 heures
- Affichage
Services publics
- Éclairage - Halogénure métallique
- Gaz - Naturel
- Eau - Eau de ville
- Égout - Égout de la ville
- Chauffage - Gaz
Impôts fonciers
| Numéro de lot | 49-11-14-102-007.000-101 | Évaluation des bâtiments | 661 751 $ CAD |
| Évaluation du terrain | 503 890 $ CAD | Évaluation totale | 1 165 641 $ CAD |
Impôts fonciers
Numéro de lot
49-11-14-102-007.000-101
Évaluation du terrain
503 890 $ CAD
Évaluation des bâtiments
661 751 $ CAD
Évaluation totale
1 165 641 $ CAD
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