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

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

Julius Swolsky

Associate

License No. CA 02074212

+1 949 942 1310

Julius@vantiscap.com

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VANTIS CAPITAL ADVISORS

2 Park Plaza | Suite 300 | Irvine, CA 

949.942.1300

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