3009 - 3089 High School Road Center
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3009 - 3089 High School Road Center
2 Retail Properties in Indianapolis, IN
EXECUTIVE SUMMARY
Meadowood Center, a 26,875 square-foot neighborhood center located within the Speedway submarket of Indianapolis. The Property is conveniently situated along one of the main roads within Speedway, High School road, which offers unobstructed access from all lanes of traffic at 2 separate means of ingress and egress while at an intersection with a traffic light. Meadowood center is 100% occupied. The property's average rent is lower than comparable buildings in the area, offering immediate value-add opportunity. The center is occupied with smaller tenants that have a long history of occupancy, some tenants being here since the 90’s.
100% Occupancy - Strong tenant mix with complimentary uses and having high levels of occupancy.
Below Market Rent - The property averages below market rents of comparable centers in the area
Landlord Termination Rights - Fast termination options would allow a buyer to capture new market opportunities in an inexpensive manner
100% Occupancy - Strong tenant mix with complimentary uses and having high levels of occupancy.
Below Market Rent - The property averages below market rents of comparable centers in the area
Landlord Termination Rights - Fast termination options would allow a buyer to capture new market opportunities in an inexpensive manner
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 28,528 SF |
| Number of Properties | 2 | Total Land Area | 3.86 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 28,528 SF |
| Total Land Area | 3.86 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 3089 N High School Rd, Indianapolis, IN 46224 | Retail | 14,620 SF | 1971 | - |
| 3009-3021 N High School Rd, Indianapolis, IN 46224 | Retail | 13,908 SF | 1965 | - |
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3009 - 3089 High School Road Center
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