U.S. Veterans Affairs | 15-Yr

Indianapolis, IN

asking price

$2,200,000

sq ft

5,236

lease type

Modified

cap rate

5.40%

property status

Available

tenant type

U.S. Government

investment highlights

  • New 15-year lease with the U.S. Department of Veterans Affairs
  • Rent increase of $1.00/Sq. Ft. in year 6 and 11
  • No Termination Options
  • S. Federal Government (Moody’s “Aaa” credit rating)
  • Building completely renovated and upgraded for VA’s intended use
  • Estimated Rent Commencement, 2/1/2021
  • Located at a main interchange just northwest of downtown Indianapolis
  • VA will spend nearly $800,000 in renovations

exclusive advisor

DAN LARICCIA
216.464.4060
dan@luttnerpassov.com

*In association with Riser Retail Group, Licensed IN Broker.

A premier boutique commercial real estate investment sales firm in the Midwest specializing in shopping centers, retail net-lease, industrial and office dispositions.

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