8224 N Bash St - Veterinarian/Kennel FOR SALE


Indianapolis, IN 46250- Castleton
$2,774,613 USD
781-776-4003
8224 N Bash St, Indianapolis, IN for Sale
$2,774,613 USD
Veterinarian/Kennel - FOR SALE
1/9
null | 8% Cap Rate

8224 N Bash St
Indianapolis, IN 46250
Castleton


HIGHLIGHTS

  • Long Term Lease
  • Substantial Rent Increases
  • Corporate Lease
  • Zero Landlord Responsibilities
  • Strategic Location
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 8224 Bash Street in Indianapolis, Indiana (the “Property”). The build-to-suit Property was constructed in 2000, and Best Friends Pet Care has 9+ years remaining on their Absolute NNN lease with two (2), 5-year renewal options. The lease features attractive 1.5% annual rent increases throughout the primary lease term and renewal options. The Property is exceptionally well located along Bash Street and is adjacent to E 82nd Street, the area’s primary commercial and commuter corridor. The well-maintained Property is positioned in the heart of a commercial district surrounded by national and local retailers and restaurants, and office and manufacturing facilities that drive traffic to the area. The Property is also close to densely populated residential neighborhoods, large apartment communities, and area schools that provide a built-in and captive customer base. The Property is seconds from Castleton Square, a large, enclosed shopping mall, and Community Hospital North, and is convenient to area highways. Best Friends Pet Care is on the northeast side of the city approximately 12.5-miles from Downtown Indianapolis.

FOR SALE DETAILS

PRICE

$2,774,613 USD

PRICE/SF

$229 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Friends Pet Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

-

APN/PARCEL ID

49-02-23-102-006.000-400

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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