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Office

Windridge Offices

5435 Emerson Way, Indianapolis, IN 46226

Listing Price: $3,800,000

Cap Rate
11.14%
Gross SF
25,000
Rentable SF
25,000
Price/Gross SF
$152.00
Lot Size
2.71 acres
Year Built
1980

Investment Overview

Welcome to a prime investment opportunity in a bustling commercial center! This office building offers a compelling Cap Rate of 11.31%, full occupancy, and consistent foot traffic with 25 security cameras and ample parking. Its diverse unit sizes cater to businesses of all scales, ensuring high occupancy and revenue potential. Conveniently located just 15 minutes from Downtown and surrounded by key amenities, including a new $25M Walmart, Starbucks, CVS, and eateries, the property promises convenience and growth potential. Renovated in 2018, it boasts modern facilities and promises long-term value appreciation in a developing city. With 24/7 surveillance and low maintenance requirements, investors can confidently capitalize on this lucrative opportunity!

Investment Highlights

  • Ideal location: Conveniently 15 min from Downtown, 30 min from Airport, with easy freeway access, ensuring high visibility and accessibility.
  • Prime location with high footfall and income prospects: Positioned in a bustling area, boasting 100% occupancy, 25 security cameras, ample parking, guaranteeing continuous customer flow and revenue.
  • Varied Tenant Mix: Offering units from 100 to 6000 sqft, catering to businesses of all sizes, enhancing occupancy rates and revenue potential.
  • Nearby amenities: Close to a new $25M Walmart and surrounded by Starbucks, CVS, eateries, and schools, boosting convenience for tenants and customers.
  • Modernized in 2018, this property boasts contemporary renovations, appealing to businesses in search of premium workspaces with updated amenities and aesthetics.
  • Promising growth: In a city ripe for development, with new additions like Taco Bell, promising long-term value appreciation and ROI.
  • Security & upkeep: Enjoy 24/7 surveillance via mobile, plus low maintenance for a well-preserved property, ensuring peace of mind and sustained value.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Office

Windridge Offices

Listing Price: $3,800,000

Cap Rate
11.14%
Gross SF
25,000
Rentable SF
25,000
Price/Gross SF
$152.00
Lot Size
2.71 acres
Year Built
1980

Investment Highlights

  • Ideal location: Conveniently 15 min from Downtown, 30 min from Airport, with easy freeway access, ensuring high visibility and accessibility.
  • Prime location with high footfall and income prospects: Positioned in a bustling area, boasting 100% occupancy, 25 security cameras, ample parking, guaranteeing continuous customer flow and revenue.
  • Varied Tenant Mix: Offering units from 100 to 6000 sqft, catering to businesses of all sizes, enhancing occupancy rates and revenue potential.
  • Nearby amenities: Close to a new $25M Walmart and surrounded by Starbucks, CVS, eateries, and schools, boosting convenience for tenants and customers.
  • Modernized in 2018, this property boasts contemporary renovations, appealing to businesses in search of premium workspaces with updated amenities and aesthetics.
  • Promising growth: In a city ripe for development, with new additions like Taco Bell, promising long-term value appreciation and ROI.
  • Security & upkeep: Enjoy 24/7 surveillance via mobile, plus low maintenance for a well-preserved property, ensuring peace of mind and sustained value.

Investment Overview

Welcome to a prime investment opportunity in a bustling commercial center! This office building offers a compelling Cap Rate of 11.31%, full occupancy, and consistent foot traffic with 25 security cameras and ample parking. Its diverse unit sizes cater to businesses of all scales, ensuring high occupancy and revenue potential. Conveniently located just 15 minutes from Downtown and surrounded by key amenities, including a new $25M Walmart, Starbucks, CVS, and eateries, the property promises convenience and growth potential. Renovated in 2018, it boasts modern facilities and promises long-term value appreciation in a developing city. With 24/7 surveillance and low maintenance requirements, investors can confidently capitalize on this lucrative opportunity!

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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