4501 Lafayette Rd - Auto Repair FOR SALE


Indianapolis, IN 46254- International Market Place
$1,916,847 USD
312-543-0090
4501 Lafayette Rd, Indianapolis, IN for Sale
$1,916,847 USD
Auto Repair - FOR SALE
1/8
null | 8.5% Cap Rate

4501 Lafayette Rd
Indianapolis, IN 46254
International Market Place


HIGHLIGHTS

  • Single Tenant Net Lease Investment Opportunity Outparcel to High Foot Traffic Walmart Supercenter
  • Landlord Recapture Right | Provides Future Flexibility for Repositioning or Redevelopment
  • Signalized Hard Corner with Full Access | Prominent Location at the Walmart Entrance | Large Pylon Signage
  • Excellent Visibility | ±18,000 Vehicles Per Day Along Lafayette Rd Corridor
  • Modest Replaceable Rent | Low Price Entry Point | Landlord Friendly NNN Lease | CPI or 5% Annual Rent Increases
  • 1.40-Acre Parcel | Flexible Zoning for Future Uses Multiple Ingress/Egress Access Points

FOR SALE DETAILS

PRICE

$1,916,847 USD

PRICE/SF

$246 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chihuaz Auto Repair

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,202 SF

ZONING

ZO01

APN/PARCEL ID

49-06-18-104-014.000-600

ASK ABOUT THIS PROPERTY

Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

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Andrew MarguliesMarcus & MillichapMore Info
312-543-0090

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