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 | |
Updated | April 16th, 2017 |
Type | Retail |
Price | $1,271,517 |
Property Description
For Sale: $1,271,517.25; 6.86% cap rate<br />
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first Year NOI: $86,400.00<br />
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Size: 9,026 SF DG Prototype, Approximately 1.806 acres<br />
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Lease: NNN fifteen year Term, Five 5yr Options to Renew<br />
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10% Rent Increases Upon Each Renewal Option<br />
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New Lease Commences August 2016<br />
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Location: Near Koontz Lake on State Road 23<br />
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Dollar General: Corp Guaranteed Lease; S&P rating of BBB-<br />
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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>