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373 Meridian Parke Ln - Office Condo A

6,330 SF Office Unit Offered at £869,011 in Greenwood, IN 46142

Investment Highlights

  • Great investment opportunity! Roof and Gutters replaced in 2020. (approximately $80,000.00) Parking Lot milled and repaved in 2017. (approximately $4

Executive Summary

Office Condo A - Fully Leased Three (3) separate suites: Suite A-1: 3,392 SF/NNN Most furniture and equipment owned by Landlord/Seller and will be part of the sale. (Includes: standing electric desks, cubicles, computer monitors, and appliances.) Suite A-2: 1,024 SF/MG Suite A-3: 1,614 SF/MG Total Condo Size: 6,330/SF

Data Room Click Here to Access

Property Facts

Price £869,011
Unit Size 6,330 SF
No. Units 1
Total Building Size 6,330 SF
Property Type Office (Unit)
Property Subtype Medical
Sale Type Investment
Building Class B
Number of Floors 1
Typical Floor Size 6,330 SF
Year Built 1998
Lot Size 1.66 AC
Parking Ratio 14.06/1,000 SF

1 Unit Available

Unit A

Unit Size 6,330 SF
Price £869,011
Price Per SF £137.28
Unit Use Office
Sale Type Investment
Net Initial Yield 7.49%
NOI £65,088.92
APN/Parcel ID 41-03-35-011-010.000-041
Description

Office Condo A - Fully Leased
Three (3) separate suites:
Suite A-1: 3,392 SF/NNN
Most furniture and equipment owned by Landlord/Seller and will be part of the sale. (Includes: standing electric desks, cubicles, computer monitors, and appliances.)
Suite A-2: 1,024 SF/MG
Suite A-3: 1,614 SF/MG
Total Condo Size: 6,330/SF

Sale Notes

Roof and Gutters replaced in 2020. (approximately $80,000.00)
Parking Lot milled and repaved in 2017. (approximately $40,000.00)
Sidewalks redone late November 2023
Condo Association: Current Landlord/Seller is responsible for all management of the association. Option for Buyer to take over or discuss with other condo ownership.

Floor Plan Suites A1 373 Meridian Parke Ln.
View Photo Floor Plan Suites A1 373 Meridian Parke Ln.

Amenities

  • Signage

zoning

Zoning Code CM (Commercial)
CM (Commercial)
  • Listing ID: 29800789

  • Date on Market: 16/10/2023

  • Last Updated:

  • Address: 373 Meridian Parke Ln, Greenwood, IN 46142

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