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Listing Details

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Description

Prime location for investor or anchor tenant. 9 store front strip center with great parking and access. Leases in place, P&L available. Cap Rate in high 7's. Tenants include Huntington Bank, VUM Family Asian, Sky Nails, Camp Creek LLC Real Estate, Seleny's Hair and Beauty, Thai Restaurant, Jordan Fish & Chicken. 5 Hotels near, including Holiday Inn, Comfort Inn, Super 8 by Wyndham. Near Park 31 South and ZONE 31 Office Suites. Fast Food restaurants near (McDonald's, Wendy's, Taco Bell is next door). 120 Parking Spots. Shopping center located on very visible corner, high traffic corner. Anchored by Huntington Bank and Jordan's Fish-Chicken. Close to I-465.

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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 Dean Wagner Realtors.
www.wagnerrealtors.com/homes/118870976
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404 E Thompson Road Indianapolis, IN 46227

  • Price: $3,100,000
  • Status: Active
  • Updated: 89 min ago
  • MLS #: 21795829
0
Beds
0
Baths
0
½ Baths
1.79
Acres
2007
Built
Neighborhood:
4907 - Marion - Perry
County:
Marion
Area:
4907 - Marion - Perry
Property Description
Prime location for investor or anchor tenant. 9 store front strip center with great parking and access. Leases in place, P&L available. Cap Rate in high 7's. Tenants include Huntington Bank, VUM Family Asian, Sky Nails, Camp Creek LLC Real Estate, Seleny's Hair and Beauty, Thai Restaurant, Jordan Fish & Chicken. 5 Hotels near, including Holiday Inn, Comfort Inn, Super 8 by Wyndham. Near Park 31 South and ZONE 31 Office Suites. Fast Food restaurants near (McDonald's, Wendy's, Taco Bell is next door). 120 Parking Spots. Shopping center located on very visible corner, high traffic corner. Anchored by Huntington Bank and Jordan's Fish-Chicken. Close to I-465.
Exterior Features

Auto Parking 120 Lot Size 1.792 Road Access HwyusCitystreet Road Frontage Type City Street Road Surface Type Asphalt

Interior Features

Building Size 16918 Full Baths MU 0 Half Baths MU 0 Rooms MU 0 Rooms Total MU 0 Sq Ft Main Upper 0

Property Features

Building Utilities ElectricSewerWater Contingency Act With No Contingency Current Use Retail Disclosure Other Sales Disclosure Not Required Disclosures Not Applicable Divisible No Gross Potential Income 342777 Insurance Expenses 6872 Interstate Ramp<1Mi Multi Tenants Yes Net Operating Income 263739 New Construction YN No Possession Negotiable Possible Use MedicalOfficeRestaurant Property Sub Type Retail Reo Relocation YN No Retail Type Stripcntr Rooms Total 0 Semi Annual Property Tax Amt 23887 Space Available 2500 Sprinkler None Tax Year 2020 Township Perry Transaction Type ExchangeSaleSale/Lease Back Zoning C3

Listing provided courtesy of Exp Realty, Llc. © 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 Dean Wagner Realtors.
 
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Dean Wagner Realtors
716 3rd Street
Columbus IN, 47201