5155 Pennwood Drive

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5155 Pennwood Drive

Indianapolis, IN 46205
Asking Price
$1.50M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Prime Office Opportunity | Strong Visibility | 11,948 SF <ul><li>​11,948 SF Office</li><li>​3.58 Acres</li><li>​Freestanding office building with ample parking</li><li>​Minutes from I-465 and Binford Blvd.</li><li>​$1.5 Million</li></ul>

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times