1012 N Main St | Cloverdale, IN 46120
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1012 N Main St
Cloverdale, IN 46120
Penguin Point QSR - Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- A corporate owned Penguin Point Quick Service Restaurant - Sale Leaseback - Absolute Triple-Net (NNN) Lease Investment Property
- Corporate Net Sales increased by 23.3% from 2018 to 2019
- 7.0% Cap Rate with Annual Rent Increases of 1.5%
- Corporate Net Sales are on pace to INCREASE by 19% from 2019 to 2020, in the midst of COVID-19.
- Drive-thru Service
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,164 SF
Building Class
B
Year Built/Renovated
1986/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.70 AC
Zoning
Commercial
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
104’ on Main
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $738,700 | |
| Land Assessment | $259,000 | Total Assessment | $997,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$259,000
Improvements Assessment
$738,700
Total Assessment
$997,700
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
