Description
This offering is a Net Lease opportunity to purchase a 86,000 sq ft corporate office including 25,000 of light production area. This property is situated on Interstate 69 northeast of Indianapolis Indiana in the Heartland Business Center. The tenant is a software business which leases 70,000 sq ft through 12-31-2028. The annual lease payment is $814,800. Building owner pays the CAM for the property so net income to the owner is approximately $690,000 annually. The tenant is a very successful company with over a 100 year history in the local community. Boyce systems has transitioned from a forms and printing company into a software based business servicing government and school systems. Significant recent business growth under new ownership.
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0BEDS
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2.58ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
This offering is a Net Lease opportunity to purchase a 86,000 sq ft corporate office including 25,000 of light production area. This property is situated on Interstate 69 northeast of Indianapolis Indiana in the Heartland Business Center. The tenant is a software business which leases 70,000 sq ft through 12-31-2028. The annual lease payment is $814,800. Building owner pays the CAM for the property so net income to the owner is approximately $690,000 annually. The tenant is a very successful company with over a 100 year history in the local community. Boyce systems has transitioned from a forms and printing company into a software based business servicing government and school systems. Significant recent business growth under new ownership.
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