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PAUL DICK, C UL DICK, CCIM CIM Senior Vice President O 317.698.8055 [email protected] KEVIN DICK KEVIN DICK Principal O 317.213.6692 [email protected] NICHOLA NICHOLAS R. MILLER S R. MILLER Senior Associate O 317.517.2310 [email protected] #growIndiana Indiana SALE PRICE ALE PRICE $1,100,000 CAP RA CAP RATE TE 8.7% BUILDING SF BUILDING SF 9,540 SF 74% space leased. 68% of space leased to long term tenants. Located at one of the two main Anderson interchanges Closest retail center to Flagship Industrial Park (4,000 employees) I-69 Interstate pole sign. Park pylon sign. Property in good condition. Well maintained. Seller is original builder ENTERPRISE C ENTERPRISE COMMONS | 8. OMMONS | 8.7% CAP RA 7% CAP RATE | V TE | VAL ALUE- UE-ADD OPPORTUNITY ADD OPPORTUNITY 2643 ENTERPRISE DRIVE 2643 ENTERPRISE DRIVE ANDERSON, IN 46013 SALE ALE RET RETAIL AIL rcre.com bradleyco.com

Property Flyer - 2643 Enterprise Drive...WE HAWE HAVE MOVE MOVEDVED 9000 Keystone Crossing, Suite 850 Indianapolis, IN 46240 317.663.6000 PROPERTY OOVERVERVIEWVIEW Address: 2625-2649

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Page 1: Property Flyer - 2643 Enterprise Drive...WE HAWE HAVE MOVE MOVEDVED 9000 Keystone Crossing, Suite 850 Indianapolis, IN 46240 317.663.6000 PROPERTY OOVERVERVIEWVIEW Address: 2625-2649

PPAAUL DICK, CUL DICK, CCIMCIMSenior Vice PresidentOO [email protected]

KEVIN DICKKEVIN DICKPrincipalOO [email protected]

NICHOLANICHOLAS R. MILLERS R. MILLERSenior AssociateOO [email protected]

#growIndianaIndiana

SSALE PRICEALE PRICE

$1,100,000

CAP RACAP RATETE

8.7%

BUILDING SFBUILDING SF

9,540 SF

74% space leased. 68% of space leased to long term tenants.

Located at one of the two main Anderson interchanges

Closest retail center to Flagship Industrial Park (4,000 employees)

I-69 Interstate pole sign. Park pylon sign.

Property in good condition. Well maintained. Seller is original builder

ENTERPRISE CENTERPRISE COMMONS | 8.OMMONS | 8.7% CAP RA7% CAP RATE | VTE | VALALUE-UE-ADD OPPORTUNITYADD OPPORTUNITY

2643 ENTERPRISE DRIVE2643 ENTERPRISE DRIVEANDERSON, IN 46013

SSALEALE RETRETAILAIL

rcre.com

bradleyco.com

Page 2: Property Flyer - 2643 Enterprise Drive...WE HAWE HAVE MOVE MOVEDVED 9000 Keystone Crossing, Suite 850 Indianapolis, IN 46240 317.663.6000 PROPERTY OOVERVERVIEWVIEW Address: 2625-2649

#growIndianaIndianaRESOURCERESOURCE has become part of BRADLEYBRADLEY,

Indiana’s largest locally-owned and independent CRE firm.The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.

WE HAWE HAVE MOVE MOVEDVED9000 Keystone Crossing, Suite 850

Indianapolis, IN 46240317.663.6000

PROPERTYPROPERTYOOVERVERVIEWVIEW

Address: 2625-2649 Enterprise Drive,Anderson, IN 46013

Property Type: Retail strip center

Building Size: 9,540 SF

Land Size: 1.41 acres

Year Built: 2005

Parking: 54 spaces (5.66 spaces per 1,000SF)

Zoning: B-3

Construction:Foundation: slabStructure: steelExterior: block, brick, EIFS

Roof: Flat, rubber membrane

INVESINVESTMENTTMENTSUMMARSUMMARYY

Sale Price: $1,100,000 ($115.30/SF)

NOI: $95,719

CAP Rate: 8.7% (2021 budget)

Year Built: 2005

Occupancy: 74%

WeightedAverage LeaseTerm

2.48 years (Skyline Chili tenant since2005; Raymond James tenant since2007)

RETRETAILAILSSALEALEINVESTMENT/PROPERTY SUMMARY

2643 ENTERPRISE DRIVE2643 ENTERPRISE DRIVEANDERSON, IN 46013

Page 3: Property Flyer - 2643 Enterprise Drive...WE HAWE HAVE MOVE MOVEDVED 9000 Keystone Crossing, Suite 850 Indianapolis, IN 46240 317.663.6000 PROPERTY OOVERVERVIEWVIEW Address: 2625-2649

#growIndianaIndianaRESOURCERESOURCE has become part of BRADLEYBRADLEY,

Indiana’s largest locally-owned and independent CRE firm.The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.

WE HAWE HAVE MOVE MOVEDVED9000 Keystone Crossing, Suite 850

Indianapolis, IN 46240317.663.6000

RETRETAILAILSSALEALELOCATION MAPS

2643 ENTERPRISE DRIVE2643 ENTERPRISE DRIVEANDERSON, IN 46013

Page 4: Property Flyer - 2643 Enterprise Drive...WE HAWE HAVE MOVE MOVEDVED 9000 Keystone Crossing, Suite 850 Indianapolis, IN 46240 317.663.6000 PROPERTY OOVERVERVIEWVIEW Address: 2625-2649

#growIndianaIndianaRESOURCERESOURCE has become part of BRADLEYBRADLEY,

Indiana’s largest locally-owned and independent CRE firm.The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.

WE HAWE HAVE MOVE MOVEDVED9000 Keystone Crossing, Suite 850

Indianapolis, IN 46240317.663.6000

RETRETAILAILSSALEALESITE PLAN

2643 ENTERPRISE DRIVE2643 ENTERPRISE DRIVEANDERSON, IN 46013

Page 5: Property Flyer - 2643 Enterprise Drive...WE HAWE HAVE MOVE MOVEDVED 9000 Keystone Crossing, Suite 850 Indianapolis, IN 46240 317.663.6000 PROPERTY OOVERVERVIEWVIEW Address: 2625-2649

#growIndianaIndianaRESOURCERESOURCE has become part of BRADLEYBRADLEY,

Indiana’s largest locally-owned and independent CRE firm.The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.

WE HAWE HAVE MOVE MOVEDVED9000 Keystone Crossing, Suite 850

Indianapolis, IN 46240317.663.6000

RETRETAILAILSSALEALEFLOOR PLAN

2643 ENTERPRISE DRIVE2643 ENTERPRISE DRIVEANDERSON, IN 46013