Listing Summary
This 100% occupied, Class B mixed-use property, built in 1970 and renovated in 2005, offers a diverse tenant mix across retail, office, industrial, and self-storage sectors.
Full Description
This 100% occupied, Class B mixed-use property, built in 1970 and renovated in 2005, offers a diverse tenant mix across retail, office, industrial, and self-storage sectors. The 100,846 square foot (94,277 net rentable) property, anchored by Ace Hardware, features 19 tenants and 171 units, generating an NOI of $750,300 on a 5.82% cap rate. Located on 11.35 acres with Shopping Center zoning, this single-story building includes 3 loading docks and is available for $12,900,000 ($127.92/sq ft or $75,438.60/unit). This institutional investment opportunity comes with a Modified Lease Type and Fee Simple ownership, with broker co-op available.
Quick Glance
- Listing ID:
CL-Indiana-25319
- Status:
Active
- Year Build:
1970
- Building Size:
100,846 SqFt
- Lot Size:
N/A
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Additional Contacts
Vice President of Operations - DRE# 02099837
Ingla Robinson
(909) 380-0073