1201 Shadeland Avenue - Flex Sale | Great Lakes Realty

Value-add flex / industrial with upside on below-market rents.

Indianapolis · East · 54,000 SF

Highlights

• Multi-tenant, 82% occupied
• Below-market in-place rents
• Heavy power
• Fenced yard

Property Details

• Class: C
• Power: 1,200A 480V
• Zoning: I-3
• Cap rate: 7.9%
• Occupancy: 82%
• Price / SF: $119
• Year built: 1998
• Building SF: 54,000