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Office

Shadeland Ave Office/Retail Center

1801 Shadeland Ave, Indianapolis, IN 46219

Listing Price: $1,313,641

Cap Rate
8.00%
Gross SF
9,620
Rentable SF
9,620
Price/Gross SF
$136.55
Lot Size
0.87 acres
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to present to market available for 1801 N Shadeland Avenue, a three-tenant, full-occupied office/retail strip. The property boasts a prime location on N Shadeland Avenue, just off Interstate 465, providing convenient access for both tenants and customers. With a stable tenant base, this property offers steady cash flow and potential for future growth by raising rents as tenants roll.

Market: The property is situated in the vibrant market of Indianapolis, Indiana, which is part of the Indianapolis MSA. Known for its diverse economy, Indianapolis is a hub for industries such as healthcare, finance, manufacturing, and technology. The city's strategic location in the Midwest, coupled with its strong infrastructure and business-friendly environment, makes it an attractive destination for businesses seeking growth opportunities.

Location: Located on North Shadeland Avenue, just off-of I-465 and Shadeland Avenue, the property benefits from high visibility and easy accessibility. This bustling area is surrounded by a mix of residential neighborhoods, retail, hospitality, and corporate offices, ensuring a steady flow of potential customers and tenants for the foreseeable future. Additionally, the property features ample on-site parking, providing convenience for tenants and visitors alike.

WHY SHADELAND AVE OFFICE/RETAIL CENTER?
With a stable in-place cash flow secured by a strong mix of medical and professional users whose tenures and recent lease-up of the Property showcase the consistent demand for the location, 1801 Shadeland is a rare opportunity for an Investor to capitalize on strong and very stable cash flow with upside potential in both the built-in rent increases and replaceable, below-market rents.

Investment Highlights

  • Fully-Occupied Three-Tenant Office/Retail Strip Center
  • Prime Location Just Off-of I-465 and Shadeland Avenue
  • Surrounding Market of Indianapolis, IN MSA Offers Diverse Economic Opportunities
  • High Visibility and Accessibility on Major North/South Thoroughfare
  • Ample On-Site Parking for Tenants and Customers

Exclusively Listed By

Office

Shadeland Ave Office/Retail Center

Listing Price: $1,313,641

Cap Rate
8.00%
Gross SF
9,620
Rentable SF
9,620
Price/Gross SF
$136.55
Lot Size
0.87 acres
Year Built
1986

Investment Highlights

  • Fully-Occupied Three-Tenant Office/Retail Strip Center
  • Prime Location Just Off-of I-465 and Shadeland Avenue
  • Surrounding Market of Indianapolis, IN MSA Offers Diverse Economic Opportunities
  • High Visibility and Accessibility on Major North/South Thoroughfare
  • Ample On-Site Parking for Tenants and Customers

Investment Overview

Marcus & Millichap is pleased to present to market available for 1801 N Shadeland Avenue, a three-tenant, full-occupied office/retail strip. The property boasts a prime location on N Shadeland Avenue, just off Interstate 465, providing convenient access for both tenants and customers. With a stable tenant base, this property offers steady cash flow and potential for future growth by raising rents as tenants roll. Market: The property is situated in the vibrant market of Indianapolis, Indiana, which is part of the Indianapolis MSA. Known for its diverse economy, Indianapolis is a hub for industries such as healthcare, finance, manufacturing, and technology. The city's strategic location in the Midwest, coupled with its strong infrastructure and business-friendly environment, makes it an attractive destination for businesses seeking growth opportunities. Location: Located on North Shadeland Avenue, just off-of I-465 and Shadeland Avenue, the property benefits from high visibility and easy accessibility. This bustling area is surrounded by a mix of residential neighborhoods, retail, hospitality, and corporate offices, ensuring a steady flow of potential customers and tenants for the foreseeable future. Additionally, the property features ample on-site parking, providing convenience for tenants and visitors alike. WHY SHADELAND AVE OFFICE/RETAIL CENTER? With a stable in-place cash flow secured by a strong mix of medical and professional users whose tenures and recent lease-up of the Property showcase the consistent demand for the location, 1801 Shadeland is a rare opportunity for an Investor to capitalize on strong and very stable cash flow with upside potential in both the built-in rent increases and replaceable, below-market rents.

Exclusively Listed By

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