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R.P. LUX Co., Inc WE ARE MARKET SPECIALISTS. 9355 E WASHINGTON ST INDIANAPOLIS, INDIANA 46229 R.P. LUX COMMERCIAL REAL ESTATE SERVICES

R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

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Page 1: R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

R.P. LUX Co., IncWE ARE MARKET SPECIALISTS.

9355 E WASHINGTON STINDIANAPOLIS, INDIANA 46229

R.P. LUX COMMERCIAL REAL ESTATE SERVICES

Page 2: R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

Location Overview

Aerial

Maps

Traffic Counts

Area Overview

TABLE OF CONTENTS

Property Overview

Page 3: R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

This former Ritter’s Frozen Custard is located on the south side of US 40 (Washington Street) on the City’s East side. Current re-development is taking place throughout the area. Possible re-use as a fast-food restaurant, general retail, bank, or liquor store are a few possible uses.Generally well maintained with some landscape features. Mostly paved around the improvements with visibility directly from US 40 (Washington Street).

9355 E WASHINGTON ST, INDIANAPOLIS, IN 46229PROPERTY SUMMARY

PROPERTY TYPE

SQUARE FEET

LOT

CEILING

YEAR BUILT

PARKING

ZONING

PARCEL NUMBER

Restaurant

2,336

1.59 AC

12 ft.

2002

Paved

C-3

49-09-05-102-136.000-700

LOCATION SUMMARY

PROPERTY SUMMARY

2013

2011

2010

2009

$15,357

$17,386

$15,201

$13,349

YEAR REAL ESTATE TAXES(ANNUAL)

FINANCIAL DATAASSESSED VALUE

$511,900

$614,400

$564,800

$564,800

Page 4: R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

Traffic Count Map9355 E Washington St, Indianapolis, Indiana, 46229 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 39.77421

Longitude: -86.00349

Source: ©2015 Market Planning Solutions, Inc.

April 06, 2016

©2015 Esri Page 1 of 1

PROPERTY OVERVIEW9355 E WASHINGTON ST, INDIANAPOLIS, IN 46229

Page 5: R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

washington

03/31/2014

washington2

04/06/2014

Page 6: R.P. LUX COMMERCIAL REAL ESTATE SERVICES 9355 E …

JEFFERY BAUMGARTNERCCIMR.P.Lux Commercial Real Estate Services317-517-0074 [M][email protected]

This Executive Summary is intended to familiarize the reader with summary information regarding commercial real estate. It does not attempt to enumerate risk factors and other investment or building considerations that may be relevant to any investment decision. This Executive Summary is specifically not intended to be an Offering Memoran-dum or Prospectus as those terms are used in the securities industry. It is intended to be reviewed only by the party receiving it from R.P. Lux Commercial Real Estate Services. This and other Marketing Brochures have been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

DISCLAIMER:

The information contained in this Executive Summary has been prepared by R.P. Lux Commercial Real Estate Services or one of its affiliated companies. The investment discussed in this document involves potential risks involving both re-turn and investment principle. No representation or warranties are made with respect to the level of risk to principle or income of this investment and the rate of return with respect to either income or appreciation in the investment. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, R.P. Lux Commercial Real Estate Services has not verified, and will not verify, any of the information contained herein, nor has R.P. Lux Commercial Real Estate Services conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. No claims to accuracy or completeness of the conclusions or the proposals are to be drawn and R.P. Lux shall not be held respon-sible for the content, accuracy of such information. By accepting this Executive Summary, the recipient acknowledges the responsibility to perform a due diligence review at his or her own risks prior to any investment.

NOTICE OF CONFIDENTIALITY:

All information presented on the R.P. Lux Website or materials we have shared and / or Executive Summary is propri-etary and confidential to R.P. Lux and its affiliated companies. The R.P Lux materials may not be reproduced, duplicated or revealed, in whole or in part, or used in any manner without the prior written consent of R.P. Lux Commercial Real Estate Services. Should there be no interest in the business all information contained herein shall be promptly returned to R.P. Lux Commercial Real Estate Services.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

POINT OF CONTACTGENERAL DISCLAIMER AND CONFIDENTIALITY AGREEMENT

MYCHAL NATIONR.P.Lux Commercial Real Estate Services317-635-3333 [O][email protected]