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.
-
0BEDS
-
2.58ACRES
-
0BATHS
-
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.
© 2023 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2023-05-28T00:28:08.133.