2134 Holiday Ln
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2134 Holiday Ln
2,730 SF Office Building Franklin, IN 46131 $699,000 ($256/SF) 7.21% Cap Rate
Investment Highlights
- Pylon Sign off of I-65 for great exposure
- Updated versatile office space
- Close to several major highways
- Room to expand
Executive Summary
Versatile office space with complete modern kitchen and break room FOR SALE. Property leased for $4200 a month until October 2027.
(triple net lease) Pylon frontage on Interstate 65 with easy access off of the interstate at the Franklin Exit. Less than 30 minutes from downtown Indianapolis, and easy access to I-465, I-70, and I-69. All new EIFS siding and replaced windows in 2023, much enhanced energy efficiency. The office boasts an open and flexible floor plan that can be tailored to your business needs. Ideal for a counseling center, medical offices, vet office, day care, attorney/accountant/insurance/real estate/tax preparation/etc. Great exposure to I-65 traffic with the pylon already in place. Plenty of room to more than double the size of the facility on the present lot. Don't let this one get away.
(triple net lease) Pylon frontage on Interstate 65 with easy access off of the interstate at the Franklin Exit. Less than 30 minutes from downtown Indianapolis, and easy access to I-465, I-70, and I-69. All new EIFS siding and replaced windows in 2023, much enhanced energy efficiency. The office boasts an open and flexible floor plan that can be tailored to your business needs. Ideal for a counseling center, medical offices, vet office, day care, attorney/accountant/insurance/real estate/tax preparation/etc. Great exposure to I-65 traffic with the pylon already in place. Plenty of room to more than double the size of the facility on the present lot. Don't let this one get away.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,730 SF
Building Class
B
Year Built/Renovated
1995/2022
Price
$699,000
Price Per SF
$256
Cap Rate
7.21%
NOI
$50,398
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,730 SF
Building FAR
0.05
Land Acres
1.28 AC
Zoning
Office - General Commercial
Parking
39 Spaces (0.34 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 41-07-18-043-020.000-018 | Improvements Assessment | $209,200 |
| Land Assessment | $124,100 | Total Assessment | $333,300 |
PROPERTY TAXES
Parcel Number
41-07-18-043-020.000-018
Land Assessment
$124,100
Improvements Assessment
$209,200
Total Assessment
$333,300
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2134 Holiday Ln
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