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225 E 10th St
Indianapolis, IN 46202
Asking Price
$1.10M
Asset Type
Flex Industrial
Class
Class B
What's Special
Freestanding, single-story masonry industrial flex building, 7,300 SF <ul><li>Freestanding Masonry Industrial Flex</li><li>Well-suited for light industrial, flex, contractor, or service-oriented owner-users. </li><li>Vacant Delivery with Immediate Occupancy </li><li>Dense Infill Location with Downtown Proximity </li><li>7,300 RSF of single-story masonry construction </li><li>4 Drive-In doors </li><li>Potential multi-tenancy configuration provides the owner-user the flexibility to lease surplus space to a co-tenant </li><li>Phase III power </l
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
