4415 Saguaro TrlIndianapolis, IN 46268

For Sale
$1,600,000

High-Cap Rate Industrial NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 14,920-square-foot warehouse, located at 4415 Saguaro Trail in Indianapolis, Indiana, presents a compelling investment opportunity. Priced at $1,600,000, this single-tenant, net-lease property boasts a strong 8.60% capitalization rate and a substantial net operating income (NOI) of $137,577. The property features one dock-high door and benefits from a long-term lease with approximately four years remaining, including a favorable 2.00% annual rent escalation. This versatile, free-standing building has served as a successful business location for nearly three decades, showcasing its enduring appeal and functionality. Its strategic location offers excellent accessibility, situated off I-465 (109,875 vehicles per day) and I-65 (53,386 vehicles per day), ensuring high visibility and convenient transportation links. The property's robust operational history, combined with its strong lease terms and prime location, makes it an attractive investment for discerning buyers seeking a stable, high-yielding asset in the Indianapolis industrial market. The price per square foot is $107.24. The property is classified as industrial and further categorized as a warehouse. The zip code is 46268, and it's located in Marion County.

Highlights

  • Free-standing flex building with substantial tenant improvements.
  • NNN lease with 2% annual rent escalations.
  • 4+ years remaining on the lease term.
  • 29+ years of operational history at this location.
  • Excellent visibility and access via I-465 (109,875 VPD) and I-65 (53,386 VPD).

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8715708
Longitude
-86.2352276
4415 Saguaro Trl, Indianapolis, Indiana

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4415 Saguaro Trl
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