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    9503 E Washington Street

    Indianapolis, IN 46229
    • $1,299,000
    • STATUS: Active
    • ON SITE: 302 days
    • MLS #: 21743589
    UPDATED: 29 min ago
    $1,299,000
    • 0
      BEDS
    • 0.91
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.

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    © 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.
    www.penningtonrealtyteam.com/homes/110593796
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    9503 E Washington Street Indianapolis, IN 46229

    • Price: $1,299,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 21743589
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.91
    Acres
    1985
    Built
    Neighborhood:
    4905 - Marion - Warren
    County:
    Marion
    Area:
    4905 - Marion - Warren
    Property Description
    This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.
    Interior Features

    Rooms Total 0 Sq Ft Main Upper 0 Trans Type Sale

    Property Features

    Building Size 12730 Building Utilities Separate Electric MeterSeparate Gas MeterSeparate Sewer MeterSewerCable Available Contingency Act With No Contingency Disclosure Other None Disclosures Not Applicable Interstate Ramp3-5Mi Lot Size 39814 New Construction YN No Possession Negotiable Property Sub Type Retail Semi Annual Property Tax Amt 8040 Tax Year 2019 Township Warren Zoning C-4

    Listing provided courtesy of Re/Max Advanced Realty. © 2021 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 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.
     
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    Pennington Realty Team at Plat Collective
    230 E. 16th St.
    Indianapolis IN, 46202