Catylist ID:
#30844012
| Catylist Listing ID: | 30844012 |
| Property Subtypes: | Net Leased |
| Building Size (RSF): | 33,600 SF |
| Gross Land Area: | 5 Acres |
| Sale Price: | $1,100,000 |
| Unit Price: | $32.74 PSF |
| Ceiling: | 16 ft. |
| Docks/Doors: | 2 Docks |
| Property Use Type: | Net Leased Investment (NNN), Investment |
| Building Name: | 367 W 1st St |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/30/2023 |
Overview / Comments
|
Fully Leased Industrial Building Single Tenant 33,600 Sq. Ft. Building on 5 acres Lease Term Expires 12/31/26 Cap Rate 7.22% NOI $79,380.00 (2.36 PSF) Below Market Rent Triple Net Lease Sale Price $1,100,000 ($32.74 PSF) |
Attachments & Media
Additional Details
| Nearest MSA: | Fort Wayne |
| County: | Whitley |
| Taxing Authority: | Whitley County |
| Tax ID/APN: | 920733000213000002 |
| Zoning: | I1 LIMITED INDUSTRIAL |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 1976 |
| Year Renovated: | 2019 |
| Total Parking Spaces: | 71 |
| Sprinklers: | Wet |
| Amps: | 800 |
| X-Phase: | 3-Phase |
| Lighting: | Fluorescent |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,996 | 3,294 | 4,934 |
| Median Age: | 38.37 | 39.23 | 39.08 |
| Households: | 827 | 1,292 | 1,861 |
Contact
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