Riva Campo Portfolio

Indianapolis presents a rare value-add investment opportunity with the Riva Campo Portfolio, a five-parcel industrial and flex property package totaling 78,543 SF across 3.33 acres, strategically located near Lucas Oil Stadium, Lilly Technology Center, and the Indiana Convention Center in one of the city’s most rapidly developing submarkets. C-7 zoned and spanning a diverse mix of industrial, flex, and parking uses, the portfolio offers multiple dock and drive-in loading options, clear heights ranging from 11 to 20 feet, and strong accessibility from both Morris Street and Kentucky Avenue, making it operationally versatile for a wide range of tenants and uses. Current occupancy stands at 75% with a net operating income of $315,540, and at full stabilization the projected NOI reaches $551,856, representing meaningful and near-term income growth potential for an incoming investor. Year-to-year leases currently in place give a buyer the flexibility to reposition the portfolio to meet market demand on their own timeline without being locked into long-term commitments that limit upside. Surrounded by high-profile developments including Eleven Park, Back 9 Golf, and the Elanco Global HQ, and positioned within minutes of downtown Indianapolis, this portfolio sits at the intersection of passive investment appeal and longer-term redevelopment potential. Opportunities of this scale and location rarely come to market together as a single package. Contact Allies Commercial Realty for more information or to schedule a tour.