This property is Off-Market
4080 Jonathan Moore Pike
Columbus, IN 47202 ·
4,000 SF · Retail For Sale
|Building Size||4,000 SF||Occupancy||100%|
|Property Type||Retail||No. Stories||1|
|Property Sub-type||Service/Gas Station||Tenancy||Single|
|Property Use Type||Net Lease Investment with 10+ years left on lease||Year Built||2008|
|Commission Split||2%||Lot Size||1.20 AC|
|Listing ID: 16381107||Date Created: 09/02/2009||Last Updated: 07/23/2010|
Net leased Circle K convience store with 8 gasoline dispensers.
This is a new Circle K on a new site. Twenty year lease with four 5-year renewals. The rent is increased every five years.
Properties that sell gasoline and meet requirements are allowed special depreciation on the improvements .
This property is well located near the intersection of Interstate 65 and Indiana Highway 46.
This is a high traffic area with a Menards, Walmart, and Sams Club behind this property . There is a Starbucks across the street to the east, and a Holiday Inn across the street to the north
- Rent: Yearly Primary Term
- Jan, 1, 2009-Dec. 31, 2013 $172,241
- Jan, 1, 2014-Dec . 31, 2018 $180,853
- Jan. 1, 2019-Dec. 31, 2023 $189,896
- Jan. 1, 2024-Dec. 31, 2028 $199,390
- Five five year Extention Term Optione
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