211 W Main St - Office FOR SALE


Carmel, IN 46032- Downtown Carmel
$12,500,000 USD
317-726-7305
211 W Main St, Carmel, IN for Sale
$12,500,000 USD
Office - FOR SALE
1/5
null | 7.78% Cap Rate

211 W Main St
Carmel, IN 46032
Downtown Carmel


HIGHLIGHTS

  • Boutique Class A Office & Retail building in the heart of downtown Carmel Arts & Design District

OVERVIEW

Cushman & Wakefield is pleased to exclusively offer for sale Monon & Main, a dynamic, long-term generational investment opportunity in the heart of the Carmel Arts & Design District of downtown Carmel, Indiana – the fastest growing city in the state and repeatedly voted the #1 Best Place to Live in Indiana. Situated at the iconic intersection of Main Street and Monon Boulevard, this contemporary mixed-use building has average rents $5/SF below market, providing significant upside potential with an irreplaceable location in a very tight owner’s market. This prestigious and well-known asset is 100% leased and stabilized with a 4.5 year WALT. • Stabilized Investment Opportunity • #1 Best Small City in America • Extremely Healthy Market Fundamentals Price update reflects all cash transaction!

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

7.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Trophy Investment Opportunity

PROPERTY TYPE

Office

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C

APN/PARCEL ID

29-09-25-161-004.001-018

ASK ABOUT THIS PROPERTY

Rebecca WellsCushman & WakefieldMore Info
317-726-7305

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Rebecca WellsCushman & WakefieldMore Info
317-726-7305

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.