FOR SALE AT AUCTION OCTOBER 9-11, 2018 TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 David L. Bickell, CCIM Senior Advisor 317.752.4001 david.bickell@svn.com Diana Parent, CCIM Executive Director 260.489.8500 diana.parent@svn.com SVN PARKE GROUP 8445 KEYSTONE CROSSING, SUITE 104, INDIANAPOLIS, IN 46240 SALE BROCHURE
Auction Details SALE STARTS OCT. 9, 2018-12:00 PM SCHEDULED SALE END - OCT. 11, 2018-3:10 PM REALINSIGHT Marketplace and SVN Parke Group, as exclusive marketing representatives, are pleased to present this investment opportunity located in the Indianapolis Northwest Office market. Ten Fortune Park, is a Five Story multi-tenant Suburban Office building located on 6.62 acres. It is placed in a park like setting tin the heart of this thriving city. This is an ideal acquisition for an investor looking to acquire a trophy "value add" office building,k or for a large office user looking for a prestige anchor location with a built-in investment return. Potential Headquarters Building or Large Tenant Occupancy. Forbes recently ranked Indianapolis as a top emerging market in 2018. MUST LOG IN FOR BIDDER REGISTRATION STARTING BID: $1,750,000.00 Go to Auction Website: https://marketplace.realinsight.com/sales/details/290 TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 SVN Parke Group Page 2
Property Summary OFFERING SUMMARY Sale Price: Lot Size: Year Built: Building Size: Renovated: PROPERTY OVERVIEW Subject To Offer 6.62 Acres 1986 102,097 SF 2014 Zoning: CS Market: Indianapolis North Submarket: College Park RealIINSIGHT Marketplace and SVN Parke Group, as exclusive marketing representatives, are pleased to present this investment opportunity located in the Indianapolis Northwest Office market. This Landmark building, Ten Fortune Park, is a Five Story multi-tenant Suburban Office building located on 6.62 acres. It is placed in a park like setting in the heart of this thriving city. This is an ideal acquisition for an investor looking to acquire a trophy value add office building or for a large office user looking for a prestige anchor location with a built-in investment return. The site is surrounded with ample surface parking and a scenic landscaped park area which includes a large pond and water features. The timeless terrazzo floors and vaulted 2 story atrium provide an attractive entrance. Large windows surrounding the building provide each suite with maximum natural light, as well as the flexibility to create impressive collaborative spaces. Forbes recently ranked Indianapolis as a top emerging market in 2018. It is currently the home to Sales Force, Eli Lilly, Anthem and Angie's List to name a few. Money Magazine ranks Indianapolis as one the hottest tech markets in the US. The combination of excellence in Fine Arts, Professional Sports teams, Parks, a vibrant CBD and affordable housing at all levels makes Indianapolis extremely attractive for corporations and workforce. Potential headquarters building or large tenant occupancy Average floor plates - 20,419 square feet Value Add - Market vacancy average - 15% / Asset vacancy - 54% Building signage options for large tenants Close access to I-465 and Indianapolis International Airport Amenities within a 1-mile radius include - 83 restaurants and 8 hotels PROPERTY HIGHLIGHTS Building signage options for large tenants TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 SVN Parke Group Page 3
Location Maps TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 SVN Parke Group Page 4
Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 4,499 51,754 137,984 Median age 36.9 35.1 35.6 Median age (Male) 33.5 32.7 33.5 Median age (Female) 38.9 36.7 37.3 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 2,222 21,942 55,647 # of persons per HH 2.0 2.4 2.5 Average HH income $58,821 $69,223 $84,893 Average house value $241,117 $274,220 * Demographic data derived from 2010 US Census TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 SVN Parke Group Page 5
Advisor Bio & Contact 1 DAVID L. BICKELL, CCIM Senior Advisor PROFESSIONAL BACKGROUND David Bickell became a Realtor in 1967 and began his career in Commercial Real Estate in 1984. He received the CCIM designation in 1990 and has been a member of the faculty of the CCIM Institute since 1994. He has taught Commercial Investment Real Estate classes throughout the United States as well as Canada, Japan, Poland, and Korea. He is recognized as a leader within the real estate industry having served as the 2008 President of the Metropolitan Indianapolis Board of Realtors as well as the 2000 Vice-President of the CCIM Institute. During his career in commercial real estate he has specialized in Industrial and Office properties in Central Indiana representing both Landlords and Tenants, and Sellers and Buyers. He has created several small group investments over his career. As his tenure in Commercial Real Estate has grown, he has represented investors in acquiring and disposing of income property as well as vacant ground in the "path of development" David is a graduate of Wabash College ('67). He served in the Army from 1968-1970 as an Artillery Officer. 8445 Keystone Crossing, Suite 104 Indianapolis, IN 46240 T 317.752.4001 C 317.752.4001 david.bickell@svn.com His interests and hobbies are: Golf Private Pilot's License Music David is an Independent Bible Teacher and conducts a weekly Bible Study as well as speaking for Bible Conferences throughout the United States. EDUCATION Wabash College B.A. 1967 Officer's Candidate School 1968 MEMBERSHIPS & AFFILIATIONS Indiana Commercial Board of Realtors Metropolitan Indianapolis Board of Realtors; President 2008 Realtor Foundation; President 2002, 2003 CCIM Institute 1990 TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 SVN Parke Group Page 6
Advisor Bio & Contact 2 DIANA PARENT, CCIM Executive Director PROFESSIONAL BACKGROUND Diana Parent serves as the managing director for SVN/Parke Group, a full-service commercial real estate firm offering brokerage, property management, asset recovery, maintenance, and development services. She is consistently ranked as one of the Top 10 Producers in the nation by SVN Corporate, including in 2010, when she was ranked as the 4th Top Producer in the nation for the year 2009. In 2007, Indiana Business Journal selected her for the Future 40 business leaders award. In addition to her everyday active role in managing the firm and its employees, she provides personal service to her clients, providing commercial property, acquisition, disposition, and leasing services. Parent has amassed an impressive amount of experience with the sale and lease of countless commercial properties as well as both commercial and residential development projects. Her past professional experience, including Duke Realty and CBRE, in addition to transactional success gives her a solid, well-rounded foundation as a real estate Advisor. Parent takes her role in the community seriously and enjoys serving on local boards of directors, including Children s Hope, Vincent House, and Indiana Women s CEO Forum, and is an active member in St. Vincent de Paul parish. In 2015 she was recognized nationally for her efforts when she was awarded the SVN National Humanitarian of the Year award. 110 W. Berry Street Suite 2100 Fort Wayne, IN 46802 T 260.489.8500 C 260.438.4464 diana.parent@svn.com TEN FORTUNE PARK 3905 VINCENNES ROAD INDIANAPOLIS, IN 46268 SVN Parke Group Page 7