- For Sale $100/SF
- Property Type Office
- Property Size 12,800 SF
- Lot Size 1.6 Acre
- Cap Rate % 8
- Zoning C1
- Additional Rent Contact for pricing
- # of Floors 2
- Parking Spaces Avail. 40
- Parking Ratio 3.13 / 1,000 SF
- Building Class A
- Year Built 1970
- Year Renovated 2024
- Date Updated Oct 11, 2024
This turnkey commercial property, comprising two buildings with a total of 10 Offices and 8 half-baths on a 1.6-acre lot, offers an excellent investment opportunity just 0.4 miles from I-465. Occupied by medical businesses, both buildings received upgrades in February 2024, including HVAC systems, heaters, paint, and carpet. Building 141 is equipped with a stair lift, enhancing accessibility on both levels for patients and staff. The expansive lot provides potential for additional development, allowing for permitted uses. This robust investment will boast a 8+ Cap rate once fully rented out providing significant cash flow. Offering Memorandum attached in the Document section.
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- Two stand-alone garages
False
Contacts
Location
Getting Around
-
Walk Score ®
49/100
Car-Dependent
-
Transit Score ®
40/100
Some Transit
-
Bike Score ®
55/100
Bikeable
- City Indianapolis, IN
- Neighborhood East Gate
- Zip Code 46219
- Market Indianapolis
Points of Interest
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Thornton's
0.29 miles
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Kroger
0.43 miles
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Marathon
0.52 miles
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BP
0.53 miles
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Speedway
1.01 miles
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Admiral Petroleum Co
1.27 miles
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Shell Express
1.57 miles
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Tesla Supercharger
5.49 miles
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Electrify America
5.71 miles
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ChargePoint
5.85 miles
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Home Depot Parking Lot
2.32 miles
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bus
5.19 miles
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Market District Garage
5.87 miles
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Lot 35
5.97 miles
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Lot 48
6.05 miles
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Virginia Avenue Garage
6.09 miles
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429 Penn Parking
6.11 miles
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Pulliam Garage
6.11 miles
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Cityway North Car Park
6.12 miles
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Lot 98
6.16 miles
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Country Inn & Suites
0.50 miles
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Skyline Motel
0.77 miles
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Indianapolis East Knights Inn
1.43 miles
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Always Inn
1.47 miles
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Red Roof Inn - Indianapolis East
1.48 miles
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Indianapolis Conference Center Hotel
1.49 miles
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Fairfield Inn & Suites Indianapolis East
1.49 miles
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Indianapolis Marriott East
1.50 miles
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Quality Inn East Indianapolis
1.51 miles
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Candlewood Suites Indianapolis East
1.53 miles
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The Patio
0.19 miles
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McDonald's
0.25 miles
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Blue Moon Bar & Grille
0.27 miles
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Applebee's
0.27 miles
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Papa John's
0.28 miles
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Subway
0.30 miles
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Fazoli's
0.33 miles
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Bob Evans
0.39 miles
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Kasai Sushi Bar & Kitchen
0.44 miles
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Manley's Irish Mutt
0.46 miles
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Holy Spirit School
0.39 miles
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Irvington Community School
0.79 miles
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Irvington Community Middle School
1.22 miles
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George B Loomis Elementary School
1.50 miles
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Trinity Lutheran School
1.59 miles
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Anna Brochhausen School #88
1.75 miles
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George W. Julian School 57
1.89 miles
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Our Lady of Lourdes School
2.08 miles
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Kenneth Walker Elementary School
2.21 miles
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Saint Simon the Apostle School
2.25 miles
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In His Arms Child Care
0.82 miles
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Beech Babies Childcare Ministries
1.22 miles
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Bright Beginnings Learning Academy
3.30 miles
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Kiddie Kollege
4.27 miles
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KinderCare
5.00 miles
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Tyler's Journey Childcare Ministry
5.80 miles
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Eli Lilly daycare
5.96 miles
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Stepping Stones
6.01 miles
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God's Angels Childcare
6.27 miles
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Day Early Learning Lilly Family Center
6.63 miles
Frequently Asked Questions
The space currently listed for sale at 141 N Shortridge Rd asks for $100/SF.
141 N Shortridge Rd totals 12,800 square feet.
141 N Shortridge Rd was built in 1970.
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EXP Realty
