2160 Fletcher Avenue
$892,000
2160 Fletcher Ave, Indianapolis, IN 46203
For Sale
Industrial
Flex Space
Active
Last Updated: 08/08/2025
13,824 sqft
Building Size
0.88 acres
Lot Area
Details:
Building Size: 13,824 sqft
Lot Area: 0.88 acres
Class: C
Year Built: 1949
Floors: 1
Parking Spots: 45
Highlights:
- The lease details are as follows:
- Lease/Rent Commencement: August 1, 2025
- Lease Expiration: July 31, 2030
- Year One Rental Rate: $7.75/SF NNN
- Year One NOI: $107,136
- Rental Rate Escalations: 4%
- Personal Guarantees: Yes
Description:
This 13,824 SF warehouse opportunity is available for purchase with a five-year lease in place. This investment features an absolute lease with a local truck repair and maintenance tenant. The lease details are as follows:
Lease/Rent Commencement: August 1, 2025
Lease Expiration: July 31, 2030
Year One Rental Rate: $7.75/SF NNN
Year One NOI: $107,136
Rental Rate Escalations: 4%
Personal Guarantees: Yes
Near east side of downtown Indianapolis
Documents:
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2160 Fletcher Ave.4 | ||
2160 Fletcher Ave.5 | ||
2160_Fletcher_Ave.5.pdf |
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