This property is part of a condominium and includes 3700 square feet and is identified as Unit E from the Woodridge Center. The present tenant is the Indiana Department of Revenue which have been at the is location since Feb. 2011. Their lease is for 10 years with 2 Five year renewals. The lease is all inclusive with the exception of property taxes. Due to the fact it is a state agency they have waived the property taxes. Obviously if the tenant ever leaves that could change. The space was originally built out for the state in late 2010 and the Department of Revenue opted to remodel and have reconfigured again in 2015. So it is in very good condition. It has a main lobby area and is separated from the remaining office area. It has 12 private offices, a conference room, break area, two handicap accessible restrooms, as well as lots of storage. The state only pays for 3142 square feet so there is an additional 525 square feet that is blocked off and not used by the state. Again this is part of a condominium all the fees are shared for common area maintenance with the other owners of the center on a prorated basis. Based on square footage.
Price: $1,200,000 Property Type: Office Class:B Square Footage :5,700 Net Rentable (sq ft): 5,700 Price/Sq Ft: $210.53 Name of Establishment: WoodRidge Center Suite F Year Built: 1982 Year Renovated: 2010 APN: 95-27-220-900.122-005
This property is part of a condominium and includes 5700 square feet and is identified as Unit F from the Woodridge Center. Because this is part of a condominium all the fees are shared for common area maintenance with the other owners of the center on a prorated basis. Based on square footage.