6280 Shadeland Ave

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6280 Shadeland Ave

Indianapolis, IN 46220
Asking Price
Contact for price
Asset Type
Executive Office Mixed-use
Class
Class B

What's Special

Newly renovated a med spa on the first floor and office spaces on the basement floor <p><strong>Investment Highlights:</strong></p><ul><li>​<strong>Asking Price:</strong> $2,100,000 ($284/SF)</li><li>​<strong>Building Size:</strong> 7,377 SF | <strong>Available SF:</strong> 2,400 SF (lower level)</li><li>​<strong>In-Place Income:</strong> Medical tenant in Suite 3 at $19.00/SF Full Service Gross lease</li><li>​<strong>Three connecting suites</strong> — lease 1, 2, or all 3; ideal for multi-tenant or single-occupant strategy</li><li>​<strong>Two additional first-floor spaces</str

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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