Acosta Inc. (Acosta Group) NNN Property For Sale — Indianapolis, IN · 9,688 SF
Indianapolis, IN 46217
Single-tenant industrial flex facility totaling approximately 9,688 to 10,000 SF situated on 2.09 acres on Indianapolis' south side. The property is 100% occupied by Acosta Inc. (Acosta Group), a committed tenant in occupancy since 2017 that recently executed a 5-year lease extension running through February 2032. The lease structure features minimal landlord responsibilities (roof and structure only) with tenant paying taxes, insurance, utilities, and maintenance. Zoned I-2 with approximately 10% building coverage, the property provides substantial excess land for potential expansion and benefits from convenient proximity to I-69 and I-465.
- Address: Indianapolis, IN 46217
- Asking price $1.90M
- 7.36% cap rate
- NOI $139,752
- 5.3 years remaining
- nn lease
- Building size: 9,688 SF
- Lot size: 2.09 acres
- Lease expiration: Feb 29, 2032
- Rent increases: 18% rent increase in Year 1 of extension to $13.98/RSF ($139,752 annually), followed by 4% annual escalations
- Guarantor: Corporate
Location
This Acosta Inc. (Acosta Group) property is in Indianapolis, Indiana.
Asset type: Industrial