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47 S Trade Center Way
Indianapolis, IN 46229
Asking Price
$3.10M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Collision Center | Business + RE | Indianapolis, IN <p><strong>PROPERTY HIGHLIGHTS</strong></p><ul><li><strong>Strategic Industrial Asset:</strong> 11,200 SF on 1.95 acres, well-positioned collision and paint facility, offering ample parking, vehicle storage, and operational flexibility.</li><li><strong>Turnkey Collision & Paint Facility:</strong> Fully equipped and operational with 2 back-draft paint booths (installed 2015), 3 air compressors, and 2 frame machines.</li><li><strong>Multi-Family Developments: </strong>New "Iron Trail" apartment
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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303
