6795 S. State Road 1, Hamilton, IN
Office for Sale - $675,000 - 13,864 Sq. Ft. on 5.25 acres
Property Info
| CIMLS# | 911518 |
| Location 6795 S. State Road 1 Hamilton IN 46742 | |
| Updated | July 25th, 2016 |
| Type | Office |
| Price | $675,000 |
| Building | 13,864 Sq. Ft. |
| Land | 5.25 acres |
Property Description
Opportunity to acquire a corporate net leased investment consisting of a newly constructed (1990) office building with 13,864 SF and 5.25 acres of land. Occupied by Trimble Navigation (NASDAQ: TRMB), the current lease term expires June 30, 2024.
Tenant is responsible for real estate taxes, insurance, and all maintenance & repairs. LL is responsible for structure and roof replacement. Tenant responsible for any repairs and replacements of HVAC and parking lot.
Location Description:
Hamilton is a growing Northeast Indiana town, 40 miles northeast of Fort Wayne. The Property is located on South State Road 1, outside of corporate limits of the Town of Hamilton, Indiana and is approximately 6 miles south of US Highway 20, 8 miles east of Interstate 69.
Highlights:
>> New 10-Year Corporate Net Lease / Trimble Navigation (NASDAQ: TRMB)
>> 10.2% Cap Rate
>> 13,864 SF 100% Leased
>> Available for $675,000 ($48.69/SF)
* Email for additional photos
Financials
Sales Info:
>> Commision split: 50.0%
