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4415 Saguaro Trl

14,920 SF Industrial Building Indianapolis, IN 46268 £1,264,016 (£85/SF) 8.60% Net Initial Yield

Investment Highlights

  • Universal and functional, free-standing flex building
  • 4+ years of lease term remaining
  • NNN lease with 2.00% rent escalations
  • Strategically located off I-465 and I-65

Executive Summary

Universal and functional, free-standing flex building with significant"bolt-down" costs available for sale. Current tenant has a NNN lease with 2.00% rent escalations and 4+ years of lease term remaining. Almost 30 years of operating history at this location.
Strategically located off I-465 (109,875 VPD) and I-65 (53,386 VPD).

Property Facts

Price £1,264,016
Price Per SF £85
Sale Type Investment NNN
Net Initial Yield 8.60%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 1.23 AC
Rentable Building Area 14,920 SF
Number of Floors 1
Year Built 1984
Tenancy Single
Parking Ratio 1.68/1,000 SF
Level Access Doors 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-03-31-117-036.000-600
Land Assessment
£139,358
Improvements Assessment
£284,009
Total Assessment
£423,366

zoning

Zoning Code I-2 (Industrial Warehouse)
I-2 (Industrial Warehouse)
  • Listing ID: 32876938

  • Date on Market: 19/08/2024

  • Last Updated:

  • Address: 4415 Saguaro Trl, Indianapolis, IN 46268

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