Excellent Industrial Investment Opportunity with a Projected 7.75% CAP Rate! This income-producing industrial property features an established, stable tenant with a lease extension planned beyond the current three-year term. The proposed extension includes a rental increase for the use and development of the I-3 zoned land for outdoor storage, supporting a projected 7.75% CAP Rate.
Additional investment potential includes four separate undeveloped I-2 zoned parcels, offering opportunities for new industrial construction and additional rental income. Alternatively, these parcels could be sold separately, allowing an investor to recover capital, reduce their overall investment basis, and potentially increase their effective return.
An exceptional opportunity to acquire a stabilized industrial asset with multiple avenues for increased income, expansion, and long-term appreciation! THIS SALE INCLUDEDS SIX PARCELS.... 5310 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-111-022.000-701 Zoning: I-2 - Acreage: 2.12 - Square Footage: 33420 5300 E 25th St, Indianapoli
s, Indiana 46218 State Parcel # 49-07-27-111-023.000-701 Zoning: I-3 - Acreage: 1.51 2500 N Butler Ave, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-031.000-701 Zoning: I-2 - Acreage: 0.29 5242 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-032.000-701 Zoning: I-2 - Acreage: 0.15 5246 E 25th St, Indianapolis, Indiana
46218 State Parcel # 49-07-27-120-103.000-701 Zoning: I-2 - Acreage: 0.15 5248 E 25th St, Indianapolis, Indiana 46218 State Parcel # 49-07-27-120-102.000-701 Legal Description: RICHIES WARRENDALE L41 Zoning: I-2 - Acreage: 0.29
