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2160 Fletcher Avenue

$892,000

2160 Fletcher Ave, Indianapolis, IN 46203

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

Map:
Documents:
Title
2160 Fletcher Ave.4
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2160 Fletcher Ave.5
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2160_Fletcher_Ave.5.pdf
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Location
Gallery