1040 N Rangeline Road

Carmel, IN 46032

Listing # 21729177 Active
Office

$1,100,000


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Details for 1040 N Rangeline Road, Carmel IN 46032

Great Location low maintenance all brick design! Good return on investment property with established 80% Medical Office (Dentists)/20% Retail in downtown Carmel Indiana. Within walking distance to Carmel Arts District & Design and Clay Terrace Mall. Current dentist office with possible 10 years of optional renewals. Modified Gross lease with tenant paying utilities. Recent improvements including replacement of 2 HVAC units and parking lot paving/sealing.

Features and Details

  • Category Commercial
  • Type Office
  • Subdivision/Neighborhood
  • County Hamilton
  • Lot Size 26,136
  • Acreage 0.6
  • Listing # 21729177

Building Utilities
Electric,Separate Electric Meter,Cable Available,Gas Available,Municipal Sewer Connected,Municipal Water Connected,Storm Sewer
Ceiling Heights
9.0000
Construction
Roof: Asphalt Shingles new 2012
Gross Potential Income
108000
HVAC
Separate HVAC units-
Insurance Exp/SqFt
4288/0.8300
Interstate
Ramp1-3mi
# of Restrooms
Office: 3
Min/Max Contig SqFt
Min: 1100/Max: 5156
Min Space Avail SqFt
1100
Net Operating Income
85000
# of Stories
1
Use
Proposed Use: CommMulTen,Medical,Office
Retail Type
StripCntr
Road
Frontage Road, CityStreet, Asphalt
Property Tax
5947 (semi-annual)
Space Available
5156
Year Built
1988, Renovated 2004
Zoning
Commercial
Township
Clay
Sale Type
Sale

Local Information (click to view details)

This listing was last updated on 8/21/2020 11:32:41 AM.

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