- For Sale $3,170,000
- Property Type Office - Medical Office
- Property Size 12,050 SF
- Lot Size 1.21 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1990
- Year Renovated 2022
- Date Updated Mar 20, 2024
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Attachments
Highlights
- Long term corporate guaranteed lease with 2.5% annual rent increases (~5.25 years remaining on primary term)
- Low in-place rents (currently ~$17 annually) with a limited supply of buildings nearby well suited to meet tenant's needs
- Corporate guaranty by entity which owns and operates 35+ locations across 5 states
- Tenant invested significant money in tenant improvements to renovate the site to a state-of-the-art autism learning center
- Property layout allows subdivision, adding flexibility for property owner in the future
- Building has brand new roof (with warranty), new gutters, freshly painted, new windows, with parking lot slurry/striping scheduled
False
Contacts
Bryan Webb
CP Partners
(415) 274-2717
Location
Getting Around
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Walk Score ®
Car-Dependent (39) -
Transit Score ®
Some Transit (32) -
Bike Score ®
Somewhat Bikeable (40)
- City Castleton, IN
- Neighborhood Castle Ridge
- Zip Code 46256
- Market Indianapolis
Points of Interest
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Speedway
0.78 miles
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Marathon
1.07 miles
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Costco Gasoline
1.43 miles
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Sam's Club Fuel Center
1.45 miles
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Marathon
1.52 miles
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Circle K
1.59 miles
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Shell
1.59 miles
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Meijer Gas Station
1.60 miles
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Murphy USA
1.77 miles
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Circle K
2.17 miles
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Cumulus Parking Lot
1.85 miles
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Cumulus Parking lot
1.87 miles
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Upper Fall Creek Loop Trail - Parking
2.16 miles
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Walnut Trailhead Parking
2.53 miles
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Lawrence Creek Trailhead Parking
2.78 miles
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CarMax Car Lot
3.30 miles
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CarMax Customer Parking
3.32 miles
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The Depot Parking Garage
3.68 miles
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The Depot
3.70 miles
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Nickel Plate Station Garage
3.73 miles
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Twin Peaks
0.63 miles
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Charleston's
0.68 miles
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Skyline Chili
0.89 miles
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Penn Station
0.93 miles
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Einstein Bros. Bagels
1.02 miles
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Burger King
1.05 miles
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Fazoli's
1.07 miles
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The Yard Line Bar & Grill
1.07 miles
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KFC
1.09 miles
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Hooters
1.09 miles
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Lawrence North High School
0.71 miles
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Mary Casle Elementary School
0.97 miles
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McKenzie Career Center
1.02 miles
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International Business College
1.44 miles
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Vet Tech Institute
1.45 miles
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Crestview School
1.46 miles
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Crestview Elementary School
1.48 miles
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Heritage Christian School
1.61 miles
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Skiles Test Elementary School
1.80 miles
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Midwest Bartenders School
1.85 miles
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KinderCare
0.12 miles
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Kelley's Exclusive Child Care
1.73 miles
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KinderCare
2.00 miles
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KinderCare
2.10 miles
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KidzPointe Academy
2.11 miles
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Teddy Bear Learning Center
3.24 miles
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SEAS Parish Life Center and Kindergarten
4.08 miles
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Compassionate Angels Ministry
4.57 miles
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Gymboree Play & Music
5.34 miles
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131st & Hazel Dell Kindercare
5.59 miles
Contact Listing Broker
Bryan Webb
CP Partners
(415) 274-2717