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11675-11703 Olio Rd
Fishers, IN 46037

$12,660,000 USD

Freestanding For Sale  •  21,712 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 31,668 SF
  • Lot Size 4.89 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 7.15 %
  • Tenancy Multiple
  • Zoning C-1
0 Transit Score
57 Walk Score

Highlights

100% Occupied, 31,668 Sq ft Daily Needs Neighborhood Retail Center: Kiddie Academy, Orange Theory Fitness, Stretch Lab, Play-it-Again Sports, etc
Long-Term Historical Occupancy with 82% of Tenancy Having Been in Place for 7 Years or More
Extremely Affluent Demos: Fishers boasts some of the best demos in the entire Midwest, w 1-mile average household incomes in excess of $202,000
Kroger Marketplace Adjacent: Located across the st from a new constructed #1 Kroger Marketplace in State in IN w over 1.7 million annual visits
Strong Rent Growth: most recent lease rates range from $32-35 per sq ft, providing opty to grow rents of existing retail tenants w below-market rates
Fishers is a Highly Recognized & Awarded City Known Nationally for its Affluence, Safety, and Growth: "Top 10 Best Places to Live” (2024) (Money Maga
Cap Rate: 7.15 %

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Indianapolis International 57 min - 35.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 364
Type: Surface
Included in Rent: Yes
Dylan Mallory 844-585-7678 Hanley Investment Group
Dylan Mallory 844-585-7678 Hanley Investment Group