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Description

Leases are gross, except for Bright House cable. NOI ($48,000) and thus cap rate are estimated. Traffic Count is from City of Indianapolis - 2003 Estimate. This is an excellent small retail investment. An perfect beginning investment for a broker focused on small businesses or for someone that wants to move from residential to commercial. Put tenants in, watch them grow, then make a fee moving them to a bigger center. Some deferred maintenance, but in pretty good condition. Easy to manage. Building price details: $399,000.

Property Details

• Type: Retail
• Status: Available
• Year Built: 1971
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 90
• Parking Type: Surface

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