Geist Landing | Fishers, IN
31,668 SF | 100% Leased | Retail Building | Fishers, IN 46037 | $12,660,000 ($400/SF) | 7.15% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $12,660,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 31,668 SF
- Price / Square Foot
- $400
Listing Contacts
Dylan Mallory
Verified Profile
- Property Info
Property Overview
100% Occupied Neighborhood Retail Center | Money Magazine Top Place to Live in America | Extremely Affluent Demographics ($200,000+ AHHI)
Property Details
- Class
- B
- Year Built
- 2008
- Stories
- 1
- Property Subtype
- Freestanding, Day Care Facility/Nursery
- Lot Size (sq. ft)
- 213,008 SF
Highlights
- 100% Occupied, 31,668 Sq ft Daily Needs Neighborhood Retail Center: Kiddie Academy, Orange Theory Fitness, Stretch Lab, Play-it-Again Sports, etc
- Long-Term Historical Occupancy with 82% of Tenancy Having Been in Place for 7 Years or More
- Extremely Affluent Demos: Fishers boasts some of the best demos in the entire Midwest, w 1-mile average household incomes in excess of $202,000
- Kroger Marketplace Adjacent: Located across the st from a new constructed #1 Kroger Marketplace in State in IN w over 1.7 million annual visits
- Strong Rent Growth: most recent lease rates range from $32-35 per sq ft, providing opty to grow rents of existing retail tenants w below-market rates
- Fishers is a Highly Recognized & Awarded City Known Nationally for its Affluence, Safety, and Growth: "Top 10 Best Places to Live” (2024) (Money Maga
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