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FleetPride 1033 N Fruitridge Ave 6,708 SF Flex Building Terre Haute, IN 47804 $464,353 ($69.22/SF) 8.50% Cap Rate
Investment Highlights
- Attractive Price Point & Yield
- Strategic Consolidation & Credit Enhacement
- TruckPro & FleetPride Merger
- Established National Operator
Executive Summary
Surmount is pleased to present the exclusive listing for a FleetPride located at 1033 North Fruitridge Avenue, Terre Haute, IN 47804. The site consists of roughly 6,708 rentable square feet of building space on an estimated 1.63-acre parcel of land. FleetPride is subject to a 14-year Double Net (NN) lease, which commenced 6/1/2014. The current annual rent is $39,470 and has scheduled increases of FMV.
Property Facts
| Price | $464,353 | Lot Size | 1.63 AC |
| Price Per SF | $69.22 | Rentable Building Area | 6,708 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.50% | Year Built | 1982 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C |
| Price | $464,353 |
| Price Per SF | $69.22 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.63 AC |
| Rentable Building Area | 6,708 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Tenancy | Single |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 84-06-13-200-010.000-002 | Improvements Assessment | $39,300 |
| Land Assessment | $22,200 | Total Assessment | $61,500 |
Property Taxes
Parcel Number
84-06-13-200-010.000-002
Land Assessment
$22,200
Improvements Assessment
$39,300
Total Assessment
$61,500
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FleetPride | 1033 N Fruitridge Ave
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