Exide Warehouse Net Lease Investment

3500 Hamilton Avenue, Muncie, Indiana 47302

  • Property Subtypes Warehouse/Distribution , Industrial-Business Park , Free-Standing
  • Building Size (RSF) 108,000 SF
  • Gross Building Area 108,000 SF
  • Building Name Exide Warehouse / Distribution Center
  • Building Status Existing
  • Sale Price $2,800,000.00 Total
  • Unit Price $25.93 per SF
  • Property Use Type Investment
  • Class of Space N/A
  • Total Land Size 8.395 Acres
  • Sale Terms Cash to Seller
  • Cap Rate 8
  • Last Updated 9/14/2020
  • Status active

Overview / Comments

Great Investment Property with an 8% Cap Rate.

Agent Notes

New 5-Year NNN Lease at $18,750 per month.

Financials

  • Gross Operating Income $225,000
  • Finance Data Year 2020
  • Gross Operating Income $225,000
  • Actual or Proforma Year Actual

Additional Details

  • Tax ID/APN 18-11-29-200-021.000-002
  • Zoning IP Industrial Park
  • Property Visibility N/A
  • Tax Auth Delaware County, Indiana
  • Zoning Description Intense Industrial / Industrial Park

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