5957 - 6035 Lakeside Blvd, Indianapolis, IN 46278

The Ficke Team of Colliers is pleased to present this Market Position Analysis for Corporate Center Lakeside located at 5957-6035 Lakeside Boulevard, Indianapolis, Indiana 46278. Developed in 1986, this multi-tenant, single-story flex-office building is 60.1% leased, consists of 89,805 rentable square-feet and is situated on 14.82 acres of land.

Although there are seven regional USDA offices in Indiana, this particular office serves as the Headquarters and administrative office for the state of Indiana and is in effect the mortgage lending arm of the USDA for Indiana.

One of six science mission areas, this USGS has the unique mission to collect and disseminate information on the nations water resources, including information on water related natural hazards, groundwater management and surface water resources, and protection of water resources for health and environmental quality. This facility would require substantial capital to replicate as there are no other similar facilities in existence devoted to water resources.

Indianapolis is the state capital and most populated city in Indiana. It also serves as the county seat of Marion County. The consolidated population of Indianapolis and Marion County was 886,220 as of 2019 and is the 17th most populous city in the U.S. As of 2020, three Fortune 500 companies are based in the city: health insurance company Anthem Inc., pharmaceutical company Eli Lilly, and Simon Property Group, which is the largest real estate investment trust in the U.S. Cummins Inc., a multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products, also opened its Distribution Headquarters in downtown Indianapolis in 2017.

This is an excellent opportunity for an investor to own a best-in-class, investment grade tenanted asset (S&P AA+), as the GSA lease provides investors stable returns guaranteed by the US Government.