41 N Business Park
Retail-Commercial
for Sale
| Catylist Listing ID: |
30807341 |
| Property Subtypes: |
Mixed Use
|
| Building Size (RSF): |
71,362 SF
|
| Gross Building Area: |
85,000 SF |
| Gross Land Area: |
11.60 Acres
|
| Sale Price: |
$5,850,000 |
| Unit Price: |
$81.98 PSF |
| Property Use Type: |
Net Leased Investment (NNN) |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
7.5% |
| Average Occupancy Rate: |
92 |
| Last Updated: |
8/8/2022 |
Overview / Comments
|
In the center of the economic epicenter of the north side of Evansville, IN is 41 N Business Park. The 3 buildings that make up the business park were developed starting in 1994 and finished in 1997. The park offers a perfect multi-use site with ample parking for Tenants and their customers. The property allows access to the front/rear of units with a nearly flawless concrete parking lot. The property is well lit for security
|
Additional Details
| Nearest MSA: |
Evansville |
| County: |
Vanderburgh |
| Tax ID/APN: |
82-04-28-002-660.014-019(8601), 82-04-28-002-660.011-019(8401), 82-04-28-002-660.013-019(1033), 82-04-28-002-660.009-019(8301) |
| Zoning: |
M-2 |
| Retail Clientele: |
Business |
| Property Visibility: |
Good |
| Largest Nearby Street: |
E Mt. Pleasant |
| Traffic/Vehicle Count: |
27,000 |
| Highway Access: |
Off Hwy 41 to E Mt Pleasant will access N Kentucky |
| Airports: |
Less than a mile |
| Site Description: |
3 buildings, one 3.74 acre vacant lot and a pylon sign on Hwy 41 |
| Area Description: |
Business area on N Hwy 41 with Deaconess Clinic, Bob's Gym, McDonalds, Dollar General, Peterbuilt Service Center among other businesses. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
3 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
23,700 SF |
| Property Condition: |
Excellent |
| Year Built: |
1997 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick/Aluminum Siding |
| Parking Type: |
Surface |
| Parking Description: |
Parking in front and rear of all buildings |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
M-2 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
8,398 |
37,368 |
79,247 |
| Median Age: |
39.31 |
40.65 |
39.97 |
| Households: |
3,174 |
14,324 |
33,257 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
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