Sprint Wireless Corporate Store

  • $1,649,500
South East Street, University Heights, Edgewood, Indianapolis, Marion County, Indiana, 46227, United States of America

Sprint Wireless Corporate Store

South East Street, University Heights, Edgewood, Indianapolis, Marion County, Indiana, 46227, United States of America
  • $1,649,500

Overview

Property ID: 18547
  • Property Type
  • Retail Properties

Description

Located at 8241 US 31 South in Indianapolis, Indiana, this store provides wireless services and is an internet service provider. For over 19 years, Sprint has been a tenant at this location. It has more than 5 years on the lease in its third and final option period. Everybody in the country knows about Sprint. Sprint is the fourth-largest mobile network operator in the United States and serves 54.5 million customers annually. It is located just minutes from the University of Indianapolis with more than 5,550 Students. It is a great investment option for people looking for steady returns in the long run.

Property Details –

Property Type – Retail Properties

  • Property Status – Available
  • Location – South East Street, University Heights, Edgewood, Indianapolis, Marion County, Indiana, 46227, USA
  • Year of Construction – 2005
  • Lease Type – Absolute Net Lease
  • Lease Expiration – 5 years 4 months

Details

Updated on April 18, 2020 at 4:45 am
  • Price: $1,649,500
  • Property Type: Retail Properties
  • Property Status: Available
  • Cap Rate: 7.00%
  • Lease Expiration: 5 years 4 months
  • NOI: $115,465
  • Tenant: Sprint
  • Address South East Street, University Heights, Edgewood, Indianapolis, Marion County, Indiana, 46227, United States of America
  • City Indianapolis
  • State/county Indiana
  • Zip/Postal Code 46227

Contact Information

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Ronnie Issenberg
  • Ronnie Issenberg

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