Listed by DOUGLAS REALTY GROUP
$1,800,000
Kroger Anchored Fifth Third Bank
Details
Property Type Retail
Sub Type Bank
Retail
Marketing description
8050 E Southport Rd, Indianapolis, IN – Located in Franklin Township
• Near Franklin Central High School, a major community anchor
• Surrounded by strong residential density and continued housing growth
• Positioned near a Kroger-anchored retail corridor
• Located within the expanding southeast Indianapolis suburban market
Investment highlights
New 10-Year Triple Net (NNN) Lease | Lease Commences at Closing
$75,000 Annual NOI Years 1–5
$82,000 Annual NOI Years 6–10
Blended 10-Year Average NOI of $77,250
Opportunity to acquire a triple net leased investment with structured rental increases over the initial lease term.
Listing Contacts
Listed by DOUGLAS REALTY GROUP
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