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1818 W. 16th Street
Indianapolis, IN 46202
Asking Price
$1.40M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial | 13,314 SqFt <ul><li>Total Square Feet: 13,314 SF</li><li>Building A: Available SF: 4,764 SF </li><li>Drive-in Doors: 1</li><li>Ceiling Height: 10’</li><li>Building B: Available SF: 8,550 SF</li><li>Drive-in Doors: 2</li><li>Ceiling Height: 10’ x 17</li><li>Office: BTS</li><li>Zoning: C-5</li><li>Lease Rate: $7.50/SF IG</li><li>Sale Price: $1,399,000</li></ul>
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NOI
$80,000
Cap Rate
5.72%
DSCR
0.96
Underwater
Cash-on-Cash
-0.73%
Monthly Payment
$6,921.489
Annual Cash Flow
$-3,057.864
