Property Listing No Longer Available for Sale

8165 N State Road 23, Walkerton, IN

Retail for Sale - $1,271,517


Property Info

CIMLS#944472
Location
  8165 N State Road 23
  Walkerton IN 46574
UpdatedApril 16th, 2017
TypeRetail
Price$1,271,517

Property Description

For Sale: $1,271,517.25; 6.86% cap rate<br />

<br />

first Year NOI: $86,400.00<br />

<br />

Size: 9,026 SF DG Prototype, Approximately 1.806 acres<br />

<br />

Lease: NNN fifteen year Term, Five 5yr Options to Renew<br />

<br />

10% Rent Increases Upon Each Renewal Option<br />

<br />

New Lease Commences August 2016<br />

<br />

Location: Near Koontz Lake on State Road 23<br />

<br />

Dollar General: Corp Guaranteed Lease; S&P rating of BBB-<br />

<br />

View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/4255725315-1662u1097,980-0F2BE7D5FDE3/realestate.oodle.com___ODLSLEYzz4IVznYc8gHFhI2JgOmcOt3ovhN1KoZkxW2FSpXBSCboFMo63XxsLz2NCvwgAvPfIAeWU5qFRfQEkF6vz6aiNaNRY0BwV0LdnrjpIYGk4_uNeOl-tqDFIF5VcFv2uo5K2KC2D4E2dKFMdPBgf66118dU," rel="nofollow">here</a>


Financials



Similar Listings