Land

CSX Indianapolis 2021

Indianapolis, Indiana United States
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1922
Building Area
Land Area ()

Property Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been exclusively engaged to market the 196,407 square feet office building and adjacent parking lot. The site sits in Indianapolis’s vibrant downtown, just three blocks from Monument Circle and across the street from Bankers Life Fieldhouse.

Investment Highlights

X Located on festive Georgia Street pedestrian mall: Adjacent Georgia Street was “The Village” for Super Bowl XLVI. Georgia Street spans four blocks and is bookended by the Indiana Convention Center at the west end and the Bankers Life Fieldhouse at the east end. The festival streetscape includes a wide pedestrian-friendly central median with attractive landscaping, lighting, historic signage, seating areas, shading and pavers.


X Opportunity Zone: The subject property is located within an opportunity zone.


X Robust & dynamic residential market: 400 residential units were delivered downtown in 2020 and only 120 units are currently under construction. Elanco Animal headquarters are currently being developed on the former GM stamping plant.


X Renovation and redevelopment opportunities: The CSX site contains both

an existing 5-story structure which can be repurposed and a parking lot which

presents a clean slate for development.


X Diverse economy: Anchored by eight Fortune 1,000 companies, the Indianapolis economy is home to a strong base of major corporations including Eli Lilly and Company, RocheDiagnostics, DOWAgroSciences, AnthemInc., SimonPropertyGroup, Salesforce,

OneAmerica, and Rolls-Royce. Known as a major pharmaceutical and healthcare hub, Indianapolis has recently emerged as a diversified economy with a rapidly growing tech sector.

Last Updated Date: 07 Sep 2021
Ken Martin
Ken Martin
Senior Managing Director
License details
IN-RB19001364
John Robinson
John Robinson
Managing Director
License details
IN - RC50900387

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Last Updated Date: 07 Sep 2021

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