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Riva Campo Portfolio
Kentucky Ave, IN 46221

Riva Campo Portfolio

Kentucky Ave, IN 46221

FlexIndustrialLand
For Sale

78,543 SF Total

Asking Price

Contact Broker

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    Thank You for Your Interest!

    A team member of Allies Commercial Realty will be in touch to provide the Offering Memorandum.

    c-7 zoned value-add INDustrial investment OPPORTUNITY

    Allies Commercial Realty is pleased to present the Riva Campo Portfolio, a rare five-parcel industrial and flex property package totaling 78,543 SF across 3.33 acres in Indianapolis. With C-7 zoning and a strategic location near Lucas Oil Stadium, Lilly Technology Center, and the Indiana Convention Center, this portfolio offers significant upside for investors seeking value-add opportunities in a rapidly developing submarket.

    The portfolio consists of five properties featuring diverse building sizes and uses, including industrial, flex, and parking. Combined, the sites offer multiple dock and drive-in loading options, clear heights ranging from 11’–20’, and strong accessibility from both Morris Street and Kentucky Avenue. Current occupancy is 75% with NOI of $315,540, but at stabilization, the projected NOI reaches $551,856, providing immediate potential for income growth.

    Positioned within minutes of downtown Indianapolis and surrounded by high-profile developments such as Eleven Park, Back 9 Golf, and the Elanco Global HQ, this portfolio is uniquely situated for both passive investment and redevelopment strategies. With year-to-year leases currently in place, investors have the flexibility to reposition the properties to meet market demand and maximize returns.

    FlexIndustrialLand
    ASKING Price

    ASKING Price

    Contact Broker

    buildings

    buildings

    5

    total Square Feet

    total Square Feet

    78,543 SF

    TOTAL ACRES

    TOTAL ACRES

    3.33 acres

    ZONING

    ZONING

    C-7

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