Skip To Content

    9503 E Washington Street

    Indianapolis, IN 46229
    • $1,299,000
    • STATUS: Active
    • ON SITE: 195 days
    • MLS #: 21743589
    UPDATED: 72 min ago
    $1,299,000
    • 0
      BEDS
    • 0.91
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.

    Monthly Payment Calculator



    © 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 Corbett & Company | Keller Williams.
    www.corbettandcompany.com/homes/110593796
    Print Image

    9503 E Washington Street Indianapolis, IN 46229

    • Price: $1,299,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: 21743589
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.91
    Acres
    1985
    Built
    Neighborhood:
    4905 - Marion - Warren
    County:
    Marion
    Area:
    4905 - Marion - Warren
    Property Description
    This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.
    Exterior Features

    Building Size 12730 Lot Size 39814 Road Access Citystreet Road Surface Asphalt

    Interior Features

    Baths Total 0.00 Max Contig Sq Ft 4050 Min Contig Sq Ft 1350 Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities Separate Electric MeterSeparate Gas MeterSeparate Sewer MeterSewerCable Available Contingency Act With No Contingency Direct Soliciting No Disclosures Not Applicable Divisible Yes Lease Amount 12.00 New Construction No Other Disclosures None Possession Negotiable Present Use Vacant Property Sub Type Retail Proposed Lease Triple Net Semi Annual Property Tax Amount 8040 Space Available 4050 Township Warren Transaction Type Sale Zoning C-4

    Listing provided courtesy of Re/Max Advanced Realty. © 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 Corbett & Company | Keller Williams.
     
    https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_21743589-2.jpg https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_21743589-2.jpg https://bt-photos.global.ssl.fastly.net/indy/orig_boomver_1_21743589-2.jpg
    Logo
    Corbett & Company | Keller Williams
    8555 N River Rd #200
    Indianapolis IN, 46240