702 N Detroit St - Storefront FOR SALE


Warsaw, IN 46580
$150,000 USD
574-849-7118
702 N Detroit St, Warsaw, IN for Sale
$150,000 USD
Storefront - FOR SALE
1/5
null | 8% Cap Rate

702 N Detroit St
Warsaw, IN 46580


OVERVIEW

Leased investment property with over 2 years remaining on the current lease term with multiple extension options and rate increases. Limited landlord responsibility with NNN lease terms. Longstanding retail business with a solid operator & track record of success nationally. The site is .33 acres with access on two streets, 2 customer entrances abundant parking. C-2 allows for many uses for future redevelopment options. 130 feet of frontage on SR 15/N. Detroit on the corner of Lyon St. 2 additional locations in Mishawaka & Middlebury also available. Call Scott for further details and lease term/rents.

FOR SALE DETAILS

PRICE

$150,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warsaw, IN NNN Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott GriffithEndeavour CommercialMore Info
574-849-7118

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Scott GriffithEndeavour CommercialMore Info
574-849-7118

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