7271 W US Highway 52 - Office FOR SALE


New Palestine, IN 46163
$750,000 USD
317-814-2111
7271 W US Highway 52, New Palestine, IN for Sale
$750,000 USD
Office - FOR SALE
1/13
null | 8% Cap Rate

7271 W US Highway 52
New Palestine, IN 46163


OVERVIEW

Excellent investor opportunity in fast growing New Palestine ( Metro Indy). This Absolute Net Investment property on 1.99 acres is an established daycare with 7 years of experience located just 6 miles for the I-465 and US-52 interchange. There are 3 years left on the initial term with two five-year renewals and annual rent increases. This investment property is priced at an 8 cap. A full Offering Memorandum with a draft financial analysis from Analyst Pro based on the properties lease agreement and addendum with lease documents are available after executing the attached NDA. Please consult your financial advisor for financial analysis verification. CENTURY 21 COMMERCIAL

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Little Learner's Early Childhood Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.76 AC

LAND SF

120,226 SF

ZONING

C

APN/PARCEL ID

30-09-23-400-036.002-012

ASK ABOUT THIS PROPERTY

Tommy KiritsisCENTURY 21 Commercial ScheetzMore Info
317-814-2111

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Tommy KiritsisCENTURY 21 Commercial ScheetzMore Info
317-814-2111

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