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141 S MERIDIAN ST
INDIANAPOLIS, IN 46225-1027
Asking Price
$7.00M
Cap Rate
6.76%
Asset Type
Restaurant Retail
Class
Class B
What's Special
2 Tenant | NNN Leases | Prime Social & Entertainment District <ul><li><span style="color: rgba(0, 0, 0, 1)">The District Tap and Howl at the Moon are on long-term, absolute triple-net leases, both with rental increases throughout the remainder of their lease term.</span></li><li><span style="color: rgba(0, 0, 0, 1)">The Property offers any incoming investor a weighted average lease term (WALT) of 9+ Years. </span></li><li><span style="color: rgba(0, 0, 0, 1)">Located along premier urban entertainment spot, Georgia Street is a vibrant, three-block pedest
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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168
