Rob Coombes

1176 Kentucky Ave, Indianapolis, IN is a parking lot property that contains 0 Sq. Ft. sq ft.

Colliers Midwest Investment Services, as an exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 4310 Stout Field North Drive in Indianapolis Indiana (“the Property”). The Property includes 263,230 square feet of industrial space (30,210 square feet of which is freezer) and sits upon 13.49 acres of I-3 zoned industrial ground located in Indianapolis’ highly coveted southwest submarket. The Property is fully leased through July 9, 2026. The in-place NOI today stands 190% below our stabilized proforma NOI in Year 4, providing investors a rare opportunity to add immense value through a thoughtful lease up strategy of a well-located industrial asset boasting a unique combination of attributes – heavy industrial I-3 zoning, visible from and immediately accessible to I-70, +/-4 acres of expansion ground for outside storage, 30K SF of freezer space, long-term solar panel lease providing additional income and/or future ability to offset electricity expense, as well as being rail-served via spur.4310 Stout Field provides the opportunity to acquire an infill industrial asset at a major discount to replacement cost in a desirable Indianapolis logistics submarket. The central location, high quality inexpensive labor, access to a significant portion of the North American population and quality of infrastructure create the perfect scenario for operators looking to establish a critical distribution infrastructure.

1101 Central provides an excellent opportunity and location for a tenant searching for creative, well appointed office space, with free parking on-site and easy walking and vehicle access to Mass Ave, Lockerbie Square, Chatham Arch, and all of Downtown Indianapolis.​

Rob Coombes

About Rob Coombes

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4 properties

Indianapolis

Properties for sale by listing agent Rob Coombes

$9,766,000

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