Offering Memorandum. 10 S. Mickley Ave. / Fronts Rockville Rd. Indianapolis, IN For Sale or Lease - $1,075,000.00

Transcription

1 Offering Memandum 10 S. Mickley Ave. / Fronts Rockville Rd. F Sale Lease - $1,075, VACANT soon sf OWNER / USER Signalized Cner 1/4 mile from I Parking Spaces Traffic on I ,000 a day $ price/sq ft Well-known location Disclaimer: all infmation and sizes are approximate

2 OWNER / USER Investment Highlights 10 S. Mickley Ave. - soon to be VACANT F Sale - $1,075, ,500 sq. ft. 100 Parking Spaces Located along U.S. Highway 36 (aka) Rockville Road 3 miles from the SPEEDWAY Population in 5 mile radius = 196, parking spaces!! Lot size 1.4 SOLID BUILDING 6500 sf divided into (5500 sf sf ) outparcel to Sam s Club Signalized cner - fronts Rockville Road - 1/4 mile from I-465 Traffic count on I ,000 a day, 2nd heaviest traveled road in Indiana Perfect f Owner / User - Well known location! Soon to be APN Year built 2006 Bureau of Mot Vehicles (BMV) has been a tenant f the past 11 years. BMV said, This location at 10 S. Mickley Ave. is the busiest branch in the entire State of Indiana! Over 700 people visit this BMV per day - great location f future business - well known location! Sams Club is directly behind and shares access with subject property. Holiday Inn, Wingate Hotel and Suites by Wyndham also share access with subject property. Rockville Rd. is the main retail crid with area tenants including CVS, Family Dollar, Key Bank, Subway, Link Federal Credit Union. 5.5 miles to Downtown Indianapolis with 5 hospitals and Purdue University. 8.6 miles from Indianapolis International Airpt. West is Avon one of the fastest growing counties in Indiana. Assumable loan: $6, per month - principal & interest As of principal balance = $744, Interest Rate: 6.625% Disclaimer: all infmation and sizes are approximate

3 Retail Map 10 S. Mickley Ave. / Rockville Rd. Disclaimer: all infmation and sizes are approximate

4 Flo Plan 10 S. Mickley Ave. / Rockville Rd. Signalized Cner - Out Parcel to Sam s Club 100 Parking Spaces Disclaimer: all infmation and sizes are approximate

5 3-Tenant Potential - Strip Center Owner / User Available f Lease: 4,000 sf 1,450 sf 1,050 sf 10 S. Mickley Ave. / Rockville Rd. 100 Parking Spaces - Signalized Cner Disclaimer: all infmation and sizes are approximate

6 COMPARABLE SALES Building Address Sales Price Sale Date Building Size Distance to Subject Property Additional Infmation 10 S. Mickley Ave, FOR SALE: $1,075,000 Soon to be 6,500 sf 100 parking spaces 8570 Nthwest Blvd, $1,830,000 10/18/16 7,000 sf, 11 miles 53 parking spaces, fmer Discount Tire Ste 8860 Zionsville Road, $1,650,000 01/30/17 7,945 sf, 12 miles 45 parking spaces 942 Ft Wayne Ave, $1,500,000 03/03/17 5,222 sf, 10 miles 7 parking spaces N. Illinois St, $1,350,000 10/5/15 4,666 sf, 14 miles 5 parking spaces 8704 N. Meridian Street, $1,250,000 12/10/15 6,718 sf, 20 miles 40 parking spaces 8110 N. College Ave, $1,170,000 11/18/16 5,015 sf, 20 miles unknown parking spaces 1011 Dr. Martin Luther King Jr. St, $1,050,000 07/05/16 10,000 sf, 7 miles 35 parking spaces 6060 N. College Ave, $1,200,000 03/29/16 8,408 sf, 14 miles 8 parking spaces Disclaimer: all infmation and sizes are approximate