U.S. VETERANS AFFAIRS | 15-YR

Indianapolis, IN

ASKING PRICE
$2,200,000
SQ FT
5,236
LEASE TYPE
Modified
CAP RATE
5.40%
PROPERTY STATUS
Available
TENANT TYPE
U.S. Government

INVESTMENT HIGHLIGHTS

  • New 15-year lease with the U.S. Department of Veterans Affairs
  • Rent increase of $1.00/Sq. Ft. in year 6 and 11
  • No Termination Options
  • S. Federal Government (Moody’s “Aaa” credit rating)
  • Building completely renovated and upgraded for VA’s intended use
  • Estimated Rent Commencement, 2/1/2021
  • Located at a main interchange just northwest of downtown Indianapolis
  • VA will spend nearly $800,000 in renovations
Interested in this property?

EXCLUSIVE ADVISOR

In association with Riser Retail Group, Licensed IN Broker.
Request information

U.S. VETERANS AFFAIRS | 15-YR

Indianapolis, IN

ASKING PRICE
$2,200,000
SQ FT
5,236
LEASE TYPE
Modified
CAP RATE
5.40%
PROPERTY STATUS
Available
TENANT TYPE
U.S. Government

INVESTMENT HIGHLIGHTS

  • New 15-year lease with the U.S. Department of Veterans Affairs
  • Rent increase of $1.00/Sq. Ft. in year 6 and 11
  • No Termination Options
  • S. Federal Government (Moody’s “Aaa” credit rating)
  • Building completely renovated and upgraded for VA’s intended use
  • Estimated Rent Commencement, 2/1/2021
  • Located at a main interchange just northwest of downtown Indianapolis
  • VA will spend nearly $800,000 in renovations

U.S. VETERANS AFFAIRS | 15-YR

Indianapolis, IN

ASKING PRICE
$2,200,000
SQ FT
5,236
LEASE TYPE
Modified
CAP RATE
5.40%
PROPERTY STATUS
Available
TENANT TYPE
U.S. Government

INVESTMENT HIGHLIGHTS

  • New 15-year lease with the U.S. Department of Veterans Affairs
  • Rent increase of $1.00/Sq. Ft. in year 6 and 11
  • No Termination Options
  • S. Federal Government (Moody’s “Aaa” credit rating)
  • Building completely renovated and upgraded for VA’s intended use
  • Estimated Rent Commencement, 2/1/2021
  • Located at a main interchange just northwest of downtown Indianapolis
  • VA will spend nearly $800,000 in renovations
Interested in this property?

EXCLUSIVE ADVISOR

In association with Riser Retail Group, Licensed IN Broker.

DAN LARICCIA

216.464.4060
Request information