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Geist Landing | Fishers, IN 11675-11703 Olio Rd

31,668 SF 100% Leased Retail Building Fishers, IN 46037 £9,988,740 (£315/SF) 7.15% Net Initial Yield

Investment Highlights

  • 100% Occupied, 31,668 Sq ft Daily Needs Neighborhood Retail Center: Kiddie Academy, Orange Theory Fitness, Stretch Lab, Play-it-Again Sports, etc
  • Extremely Affluent Demos: Fishers boasts some of the best demos in the entire Midwest, w 1-mile average household incomes in excess of $202,000
  • Strong Rent Growth: most recent lease rates range from $32-35 per sq ft, providing opty to grow rents of existing retail tenants w below-market rates
  • Long-Term Historical Occupancy with 82% of Tenancy Having Been in Place for 7 Years or More
  • Kroger Marketplace Adjacent: Located across the st from a new constructed #1 Kroger Marketplace in State in IN w over 1.7 million annual visits
  • Fishers is a Highly Recognized & Awarded City Known Nationally for its Affluence, Safety, and Growth: "Top 10 Best Places to Live” (2024) (Money Maga

Executive Summary

100% Occupied Neighborhood Retail Center | Money Magazine Top Place to Live in America | Extremely Affluent Demographics ($200,000+ AHHI)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
31,668 SF
Building Class
B
Year Built
2008
Price
£9,988,740
Price Per SF
£315
Net Initial Yield
7.15%
NOI
£714,379
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Land Acres
4.89 AC
Zoning
C-1 - Commercial
Parking
364 Spaces (11.49 Spaces per 1,000 SF Leased)
Frontage
463 ft on Olio Rd

Amenities

  • Signage

Links

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11675-11703 Olio Rd, Fishers, IN - aerial map view - Image1
11675-11703 Olio Rd, Fishers, IN - aerial map view - Image2
11675-11703 Olio Rd, Fishers, IN - aerial map view - Image3

Nearby Major Retailers

Goldfish Swim School
Pure Barre
Buffalo Wild Wings
First Merchants Bank
Stretchlab
Orangetheory Fitness
Chase Bank
Huntington National Bank
Starbucks
F45 Training, Inc.

PROPERTY TAXES

Parcel Number 29-11-36-310-005.000-020 Improvements Assessment £3,278,137
Land Assessment £1,212,062 Total Assessment £4,490,199

PROPERTY TAXES

Parcel Number
29-11-36-310-005.000-020
Land Assessment
£1,212,062
Improvements Assessment
£3,278,137
Total Assessment
£4,490,199
(844) 585-7678

  • Listing ID: 32234770

  • Date on Market: 24/06/2024

  • Last Updated:

  • Address: 11675-11703 Olio Rd, Fishers, IN 46037

The Retail Property at 11675-11703 Olio Rd, Fishers, IN 46037 is currently available For Sale. Contact Hanley Investment Group for more information.

Nearby Listings

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11675-11703 Olio Rd, Fishers, IN for sale Building Photo- Image 1 of 6
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11675-11703 Olio Rd, Fishers, IN for sale Site Plan- Image 2 of 6
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11675-11703 Olio Rd, Fishers, IN for sale Aerial- Image 3 of 6
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11675-11703 Olio Rd, Fishers, IN for sale Aerial- Image 4 of 6
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11675-11703 Olio Rd, Fishers, IN for sale Aerial- Image 5 of 6
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© 2024 CoStar Group

Geist Landing | Fishers, IN | 11675-11703 Olio Rd
(844) 585-7678 x

Geist Landing | Fishers, IN | 11675-11703 Olio Rd

Dylan Mallory

(844) 585-7678

(844) 585-7678

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