8351 Rockville RdIndianapolis, IN 46234

For Sale
Call for price

Fully Leased Industrial Building, 39,795 SF

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully leased, 39,795-square-foot flex industrial building located at 8351 Rockville Rd, Indianapolis, IN 46234. The single-story, Class B building, constructed in 1985 and renovated in 2004, sits on a 3.3-acre lot and boasts 50 surface parking spaces. Currently 100% occupied since August 1, 1996, by PRN Pharmaceutical Services, LP, a subsidiary of CVS Health, the property benefits from a long-term lease expiring January 31, 2030, with two five-year renewal options. The tenant, a credit-rated entity, has made significant capital investments in specialized equipment within the facility. The building features four dock-high doors and a 12-foot ceiling height. This stabilized investment offers a secure, long-term income stream in a prime Airport submarket location, ideally suited for the healthcare sector. The property's strategic location and strong tenant history make it an attractive proposition for discerning investors seeking a stable, high-return asset. The modified lease provides flexibility, and the building's size and features cater to a variety of potential future uses. This is a rare opportunity to acquire a well-maintained, fully leased industrial property with a proven track record of success.

Highlights

  • Fully leased 39,795 SF Class B flex industrial building in Indianapolis, IN.
  • Long-term lease with credit-worthy tenant (CVS Health subsidiary) expiring January 31, 2030, with renewal options.
  • Strategically located in the Airport submarket with 50 surface parking spaces.

Property Details for 8351 Rockville Rd

Property type
Other industrial properties, Flex space
Square Feet
39,795 SF
Class
B
Year Built/Renovated
1985/2004
Buildings
1
Stories
1
Lot Size (sq. ft)
143,748 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.762736231432
Longitude
-86.307548956814
8351 Rockville Rd, Indianapolis, Indiana

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8351 Rockville Rd
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