6301 & 6309 Rockville RD (36W) | 6309 Rockville Rd
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6301 & 6309 Rockville RD (36W) 6309 Rockville Rd
6,595 SF Retail Building Indianapolis, IN 46214 $1,000,000 ($152/SF) 4.09% Cap Rate
Investment Highlights
- High Traffic Location
- Excellent Location for Drive Thru Kiosk
- Going to Work Traffic
Executive Summary
New To Market .76ac C3 @ Lighted Intersection of 465 & 36
• EXCELLENT LOCATION FOR DRIVE THRU COFFEE KIOSK!
• .76 acres
• Zoned C3
• SW Corner of 465 & 36/Rockville RD Interchange
• At Lighted Intersection
• Right In/Right Out Ingress/Egress
• Current Structures total 6939sf and generate $51,900 annual rents
• Priced at $1MM
• EXCELLENT LOCATION FOR DRIVE THRU COFFEE KIOSK!
• .76 acres
• Zoned C3
• SW Corner of 465 & 36/Rockville RD Interchange
• At Lighted Intersection
• Right In/Right Out Ingress/Egress
• Current Structures total 6939sf and generate $51,900 annual rents
• Priced at $1MM
Financial Summary (Actual - 2021) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$51,900
|
$7.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$51,900
|
$7.87
|
| Taxes |
$10,995
|
$1.67
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,995
|
$1.67
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2021)
| Gross Rental Income | |
|---|---|
| Annual | $51,900 |
| Annual Per SF | $7.87 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $51,900 |
| Annual Per SF | $7.87 |
| Taxes | |
|---|---|
| Annual | $10,995 |
| Annual Per SF | $1.67 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,995 |
| Annual Per SF | $1.67 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,595 SF
Building Class
C
Year Built
1935
Price
$1,000,000
Price Per SF
$152
Cap Rate
4.09%
NOI
$40,905
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.76 AC
Zoning
C3 - C3 Marion Co.
Parking
12 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Restaurant
- Signalized Intersection
- Kiosk/Cart Space
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $347,000 (2023) | |
| Land Assessment | $178,000 (2023) | Annual Taxes | $10,995 ($1.67/SF) |
| Improvements Assessment | $169,000 (2023) | Tax Year | 2021 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$178,000 (2023)
Improvements Assessment
$169,000 (2023)
Total Assessment
$347,000 (2023)
Annual Taxes
$10,995 ($1.67/SF)
Tax Year
2021
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6301 & 6309 Rockville RD (36W) | 6309 Rockville Rd
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