1411 Shook Dr

1411 Shook Dr, Auburn, Indiana 46706

  • Property Subtypes Free-Standing Building , Garden Center , Restaurant , Tavern/Bar/Nightclub , Other
  • Building Size (RSF) 10,926 SF
  • Gross Building Area 10,926 SF
  • Building Name Paradise Buffet
  • Building Status Existing
  • Available Space 10,926 Sf
  • Sale Price $1,200,000.00 Total
  • Unit Price $109.83 per SF
  • Property Use Type InvestmentVacant/Owner-User
  • Class of Space N/A
  • Total Land Size 2.48 Acres
  • Sale Terms Cash to Seller
  • Cap Rate 7.2
  • Last Updated 4/6/2020
  • Days on Market 830 Days
  • Status active

Overview / Comments

PRICE REDUCED! Excellent investment opportunity on this single tenant net lease property. NOI is $100,800 per year with a cap rate of 8.4%. Current Tenant, Paradise Buffet, is now 6 years into a 10 year lease. Highly visible location in fast growing commercial area situated at Auburn's most heavily traveled intersections at Hwy 8 and I-69 exit. FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings.

Agent Notes

FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bndcommercial.com/listings.

Additional Details

  • Tax ID/APN 17-05-36-200-032.000-012
  • Zoning Commercial
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 2004

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