University Shoppes

Ideal hands-off ownership scenario for passive investors
With two e-commerce resistant and macro-economic insulated tenants – Hope Academy High School and government tenant – Indiana BMV, both on longer term leases
University Shoppes, in addition to being a stabilized asset, provides intrinsic NOI growth
Via Hope Academy’s annual rent escalations, adding value over time
Positioned immediately adjacent to the University of Indianapolis main campus
A nationally ranked university by US News and World Report, with over 5,500 students
Situated within the heart of growing Indianapolis
At the high traffic, signalized intersection of E Hanna Ave and Madison Ave, accessing a combined 36,325 VPD
Well-constructed and designed physical asset
Characterized by modern building aesthetics while minimizing the need for near-term CapEx
Growing, dense trade area demographics
Highlighted by a 5-mile population of over 223,000 people
Hanna Shoppes, though not a part, provides consumer synergy for the Property
Via traditional retail tenants and restaurant draws like Don Juan’s Taqueria, Papa John’s, and Friend’s Diner
100% occupied two-tenant retail asset
Occupied by Hope Academy and the Indiana Bureau of Motor Vehicles with 7 years of avg. remaining lease term

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