The Klink Group of Marcus & Millichap arranged the sale of a Walgreens property in Indianapolis’ Nora submarket.
86h Nora, LLC and PP Nora, LLC, both Indiana-based limited liability companies paid $3.68 million for the Walgreens located at 1505 E. 86th St. in Indianapolis.
Senior vice president Jordan Klink of Marcus & Millichap’s The Klink Group was retained as exclusive advisor to market the property on behalf of the seller, Westfield Pointe, LLC, a limited liability company based out of Indianapolis. The Klink Group also sourced the buyer.
Nora is a dense retail, office and residential suburb just 11 miles north of downtown Indianapolis. The immediate one-mile radius is filled with multiple office parks offering more than 1 million square feet of rentable space, various dining and fast casual restaurants.