$1,400,000 USD
949-585-7651
502 N Rural St
Indianapolis, IN 46201
Near Eastside
HIGHLIGHTS
- Single-Tenant Neighborhood Market with Long-Term Stability
- Renovated in 2022, featuring a 12,008 SF building with ample on-site parking
- NNN Lease with minimal landlord responsibilities
- 6+ years remaining with a 10% increase in September 2030
- Established tenant within the local community
- Neighborhood-Serving Grocery Anchor: La Ceiba Supermarket provides a convenient grocery option for the Eastside of Indianapolis
FOR SALE DETAILS
PRICE
$1,400,000 USD
PRICE/SF
$144 USD /SF
CAP RATE
9%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Indianapolis NNN Investment
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.6 AC
LAND SF
25,960 SF
ZONING
ZO01
APN/PARCEL ID
49-10-05-173-007.000-101
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949-585-7651
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949-585-7651
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