123 N 13th St - Drug Store FOR SALE


Decatur, IN 46733
$4,040,000 USD
415-315-9287
123 N 13th St, Decatur, IN for Sale
$4,040,000 USD
Drug Store - FOR SALE
1/5
null | 7.75% Cap Rate

123 N 13th St
Decatur, IN 46733


HIGHLIGHTS

  • 8 YEARS REMAINING ON NNN LEASE | TIMELY RENT SINCE VACATING
  • TENANT HAS INVESTMENT GRADE CREDIT | S&P: BBB
  • DENSE RETAIL CORRIDOR
  • LOCATED ON A SIGNALIZED CORNER | +/- 28,025 VPD
  • POSITIVE POPULATION GROWTH
  • FORT WAYNE METROPOLITAN AREA LOCATION

OVERVIEW

In Association with Samuel Smith RB14019962

FOR SALE DETAILS

PRICE

$4,040,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Walgreens (Dark)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

B3

APN/PARCEL ID

01-02-33-400-005.500-014

ASK ABOUT THIS PROPERTY

415-315-9287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

415-315-9287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.