Description
Cap Rate 8% with current rent of $1986 per month; walk-in stays as well as exhaust ducts and HVAC (hood and sinks do NOT stay) NNN Current Lease; Flood Zone; Tenant pays flood insurance; Landlord Expenses - Structural repairs, outside utilities, and roof repairs over $2,000 annually; and Current tenant has said they are vacating in 2022.Daily traffic count 15.855; 1 building from traffic light; across the street from Dollar General; the building is 46x29; Population within 5 miles - 6648; Business within 5 miles - 425; employees within 5 miles - 3,440 (growing due to River Ridge); Median household income: 1 mile -$57,428, 3 miles-$60,599 and 5 miles-$74,000; 8.3 miles from I-265 (round about); and, Clean letter from the State of Indiana.Listing is for the building only.
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0BEDS
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0.19ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Cap Rate 8% with current rent of $1986 per month; walk-in stays as well as exhaust ducts and HVAC (hood and sinks do NOT stay) NNN Current Lease; Flood Zone; Tenant pays flood insurance; Landlord Expenses - Structural repairs, outside utilities, and roof repairs over $2,000 annually; and Current tenant has said they are vacating in 2022.Daily traffic count 15.855; 1 building from traffic light; across the street from Dollar General; the building is 46x29; Population within 5 miles - 6648; Business within 5 miles - 425; employees within 5 miles - 3,440 (growing due to River Ridge); Median household income: 1 mile -$57,428, 3 miles-$60,599 and 5 miles-$74,000; 8.3 miles from I-265 (round about); and, Clean letter from the State of Indiana.Listing is for the building only.
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