ARLINGTON SQUARE SHOPPING CENTER
1107-1135 NORTH ARLINGTON AVENUE | INDIANAPOLIS, IN
HIGHLIGHTS
• Upside Potential with Below Market Rents
• 100% Occupied with internet resistant Tenants
• Near I-465 Highway Exit
• Adjacent to Wal-Mart Supercenter, Ross, Walgreens, At Home, & StudioMovie Grill.
• Strong retail Corridor Location with High Barriers to Entry
• Strong Traffic Counts: 21,583 Cars/Day
• Average Household Income: $50,677 (5 Miles)
• 234,029 People within 5 Miles
PROPERTY INFO
Property Type: Net-Leased
Status: For Sale
Building Size (Total GLA): 56,556 SF
Lot Size: 4.58 Acres (199,505 SF)
Year Built: 1980
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iNVESTMENT PRICING
Price: $2,575,000
Cap Rate (Current): 8.83%%
Cap Rate (Proforma): 9.93%%
Price Per Square Foot (Building): $45.53
Price Per Square Foot (Lot): $12.91
financial DETAILS
Lease Type: Contact Agent
Lease Term Remaining: Contact Agent
Rent Increases: Contact Agent
Options to Extend: Contact Agent
Guarantor: Contact Agent
contact
Monte Alexander
Broker of Record
JDS Real Estate Services, Inc.
Lic. No. RC 51500226
+213 446 5366
Jstein@jdsreservices.com