6401 S East St, Indianapolis, IN 46227
Banta Trails Office building is a two story, 15,162 square foot, multi-tenant office property located on the Southside of Indianapolis. The property, which was built in 1992, sits on US 31 South, one of the busiest corridors on the Southside of Indianapolis. US 31 boasts traffic counts just north 36,000 vehicles per day. Banta Trails Office is currently 86% percent occupied and is the home to a variety of local/regional office users. With roughly 2,050 square feet vacant, there is still some value add upside to a new owner that can fill the existing vacancy.
The subject property is a two-story brick construction building that requires minimal landlord maintenance. The building features direct access to your suite, giving comfort to tenants during COVID-19. The property also benefits from a brand new roof being put on in the summer of 2018. US 31 has easy access to I-465, which is one of Indiana's major highway systems and the leading beltway looping around the Indianapolis MSA.
The Southside of Indianapolis is quickly becoming one of the preferred locations to lease office space due to its respectively low rental rates and its proximity to the major highway systems. The Southside of Indianapolis also has one of the fastest growing populations in the Indianapolis MSA, likely due to the low cost of living, and affordable housing options. With a growing population and a booming local economy, this property should provide an investor with stable cash flow for years to come.
Banta Trails Office building is a two story, 15,162 square foot, multi-tenant office property located on the Southside of Indianapolis. The property, which was built in 1992, sits on US 31 South, one of the busiest corridors on the Southside of Indianapolis. US 31 boasts traffic counts just north 36,000 vehicles per day. Banta Trails Office is currently 86% percent occupied and is the home to a variety of local/regional office users. With roughly 2,050 square feet vacant, there is still some value add upside to a new owner that can fill the existing vacancy.
The subject property is a two-story brick construction building that requires minimal landlord maintenance. The building features direct access to your suite, giving comfort to tenants during COVID-19. The property also benefits from a brand new roof being put on in the summer of 2018. US 31 has easy access to I-465, which is one of Indiana's major highway systems and the leading beltway looping around the Indianapolis MSA.
The Southside of Indianapolis is quickly becoming one of the preferred locations to lease office space due to its respectively low rental rates and its proximity to the major highway systems. The Southside of Indianapolis also has one of the fastest growing populations in the Indianapolis MSA, likely due to the low cost of living, and affordable housing options. With a growing population and a booming local economy, this property should provide an investor with stable cash flow for years to come.
