
Description
Great Investment opportunity located on the southside of Indy. Long term tenant in place, Empire Beauty School has been leasing this property since 1998. 5 year lease extension signed in October 2019. 3% rent bump per year. Entire parking lot was re-sealed in October 2018. A portion of the property is located within a floodplain. The building IS NOT located within that flood plain. See attached FEMA Flood Map. APN 49-15-09-131-013.000-500 is also included in the sale (Parking Lot).
-
0BEDS
-
1.99ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Great Investment opportunity located on the southside of Indy. Long term tenant in place, Empire Beauty School has been leasing this property since 1998. 5 year lease extension signed in October 2019. 3% rent bump per year. Entire parking lot was re-sealed in October 2018. A portion of the property is located within a floodplain. The building IS NOT located within that flood plain. See attached FEMA Flood Map. APN 49-15-09-131-013.000-500 is also included in the sale (Parking Lot).
Related Properties
© 2021 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Pennington Realty Team at Plat Collective.