Contacts
Bryan Webb
CP Partners
(415) 274-2717
Property Details
- Property Type Office - Medical Office
- Property Size 12,050 SF
- Lot Size 1.21 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1990
- Year Renovated 2022
- Date Updated Mar 20, 2024
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Highlights
- Long term corporate guaranteed lease with 2.5% annual rent increases (~5.25 years remaining on primary term)
- Low in-place rents (currently ~$17 annually) with a limited supply of buildings nearby well suited to meet tenant's needs
- Corporate guaranty by entity which owns and operates 35+ locations across 5 states
- Tenant invested significant money in tenant improvements to renovate the site to a state-of-the-art autism learning center
- Property layout allows subdivision, adding flexibility for property owner in the future
- Building has brand new roof (with warranty), new gutters, freshly painted, new windows, with parking lot slurry/striping scheduled
Attachments
Getting around
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Location
- City Castleton, IN
- Neighborhood Castle Ridge
- Zip Code 46256
- Market Indianapolis
Points of Interest
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Speedway
0.78 miles
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Marathon
1.07 miles
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Costco Gasoline
1.43 miles
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Sam's Club Fuel Center
1.45 miles
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Marathon
1.52 miles
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Circle K
1.59 miles
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Shell
1.59 miles
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Meijer Gas Station
1.60 miles
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Murphy USA
1.77 miles
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Circle K
2.17 miles
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Cumulus Parking Lot
1.85 miles
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Cumulus Parking lot
1.87 miles
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Upper Fall Creek Loop Trail - Parking
2.16 miles
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Walnut Trailhead Parking
2.53 miles
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Lawrence Creek Trailhead Parking
2.78 miles
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CarMax Car Lot
3.30 miles
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CarMax Customer Parking
3.32 miles
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The Depot Parking Garage
3.68 miles
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The Depot
3.70 miles
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Nickel Plate Station Garage
3.73 miles
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Super 8 Indianapolis Castleton
0.34 miles
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Super 8 By Wyndham - Castleton
0.35 miles
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Drury Inn & Suites Indianapolis Northeast
0.52 miles
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Red Roof Inn Indianapolis
0.62 miles
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Hampton Inn Indianapolis - NE / Castleton
0.65 miles
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Motel 6 Indianapolis North East
0.67 miles
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Hampton Inn & Suites
0.72 miles
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Candlewood Suites Indianapolis
0.74 miles
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Suburban Extended Stay N East
0.76 miles
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Extended Stay America - Indianapolis - Castleton
0.77 miles
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Supermercado Jireh
0.86 miles
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former Marsh Supermarket
1.16 miles
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Patel Brothers
1.27 miles
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Saraga International Supermarket
1.28 miles
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Viet Hua Food Market
1.29 miles
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Kohl's
1.44 miles
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Asia Mart
1.47 miles
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Gordon Food Service
1.56 miles
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Meijer
1.57 miles
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Castleton Square Mall
1.58 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Bryan Webb
CP Partners
(415) 274-2717