525 Congressional Blvd - Light Distribution FOR SALE


Carmel, IN 46032- Downtown Carmel
$6,859,000 USD
317-213-6692
525 Congressional Blvd, Carmel, IN for Sale
$6,859,000 USD
Light Distribution - FOR SALE
1/6
null | 7.6% Cap Rate

525 Congressional Blvd
Carmel, IN 46032
Downtown Carmel


HIGHLIGHTS

  • 46,617 RSF on 8.8 acres.
  • Currently configured for a single tenant, but has three banks of multi-occupant restrooms for future multi-tenant potential.
  • 155 parking spaces for 3.3/1,000 ratio.
  • Fenced outdoor playground and recreation area.
  • Two (2) overhead drive-in doors
  • Built in 1988 and expanded in 2000.

OVERVIEW

Investment opportunity in the heart of Carmel, Indiana.

FOR SALE DETAILS

PRICE

$6,859,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

7.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

Heating - Gas

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

153

LAND DETAILS

LAND ACRES

6.09

LAND SF

265,280

ZONING

B2

APN/PARCEL ID

29-09-35-001-014.000-018

ASK ABOUT THIS PROPERTY

Kevin DickBradley CompanyMore Info
317-213-6692

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Kevin DickBradley CompanyMore Info
317-213-6692

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