- For Sale $11,000,000
- Property Type Retail - Freestanding
- Property Size 66,469 SF
- Units 2
- Lot Size 11.45 Acre
- Parking Spaces Avail. 323
- Parking Ratio 4.86 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2003
- Year Renovated 2024
- Date Updated Jan 23, 2025
Description
Prime commercial property nestled at the bustling x-roads of Rt 37 & 146th, at the heart of Carmel, Fishers, and Noblesville in Hamilton County. Next to major establishments like new Costco, Corporate Campus, Community Health, CVS & banking facilities, it offers unparalleled exposure for businesses.Presenting a premier opportunity from BHHS IN REALTY COMMERCIAL DIVISION: a Class A 66,469 sq ft, fully leased multi-tenant property ideally situated in Noblesville, neighboring Carmel and Fishers. Recently remodeled to accommodate esteemed anchor tenants Urban Air Adventure Park and Crunch Fitness, both with long-term lease commitments. With a robust cap rate of 7.1%, this investment beckons savvy investors.
Highlights
- 100% occupied by 2 National Franchisees - Crunch Fitness an Urban Air Adventure Parks
- Class A+ Modern Building - Last Renovated in 2024
- Crunch Fitness current rent is $16.00/SF/Yr (NNN)
- Crunch Fitness has 10 years on its Lease
- Huge Parking Lot with 323 spots
- Urban Air current rent is $9.90/SF/Yr (NNN)
- Urban Air has 5 years on its lease with options to renew every 5 years with a 10% escalation
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Contacts
Dan O'Neil
Berkshire Hathaway HomeServices of America
Location
Located at 14450 Mundy Dr, Noblesville, IN 46060, this property is part of the Prairie Lakes neighborhood and Indianapolis market.
Contact Listing Broker
Dan O'Neil
Berkshire Hathaway HomeServices of America
