Building C | 5214-5226 S East St
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Building C 5214-5226 S East St 39,812 SF Office Building Indianapolis, IN 46227 $2,100,000 ($52.75/SF)
INVESTMENT HIGHLIGHTS
- Owner-user opportunity
- Great long-term equity building and control over workspace.
- Customizable interiors and flexible floor plans.
- Spaces ranging from 1,084 square feet to 8,725 square feet
- Below market rents.
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in the Indianapolis area! This 39,812 SF building at 5224 South East Street presents an ideal space for office building investors. Boasting customizable interiors and flexible floor plans, this property offers spaces ranging from 1,084 to 8,725 square feet, providing great long-term equity building and control over workspace. With below market rents, investors can capitalize on this lucrative asset and tailor it to their specific needs.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Building Size
39,812 SF
Building Class
C
Year Built
1986
Price
$2,100,000
Price Per SF
$52.75
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,635 SF
Building FAR
0.23
Lot Size
3.99 AC
Zoning
C-1 - Commercial
Parking
190 Spaces (0.46 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,061,400 (2024) | |
| Land Assessment | $1,208,500 (2024) | Total Assessment | $2,269,900 (2024) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,208,500 (2024)
Improvements Assessment
$1,061,400 (2024)
Total Assessment
$2,269,900 (2024)
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Building C | 5214-5226 S East St
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