1801 N Wayne St | Angola, IN 46703
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1801 N Wayne St
Angola, IN 46703
Hobby Lobby | New 10 Year Lease Extension · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Hobby Lobby Net-Leased Investment with an Attractive Price Point
- Main Retail Corridor Location- North Wayne Street is the Main Retail Artery of Angola and is Filled with Various National Retailers
- Minimal Landlord Responsibilities- New Roof Recently Installed With 15-Year Warranty
- Brand-New 10 Year Lease Extension - 9+ Years Remaining With Three Five-Year Renewal Options
- Below Market, Sustainable Base Rental Rate of $3.25 Per Square Foot Annually
- University City- Trine University is a 450 Acre, Private University with More Than $176 Million of Campus Improvements Made Since 2000
PROPERTY FACTS
Property Type
Retail
Building Size
56,554 SF
Building Class
C
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
5.43 AC
Frontage
171’ on North Wayne Street
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,590,200 | |
| Land Assessment | $783,600 | Total Assessment | $3,373,800 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$783,600
Improvements Assessment
$2,590,200
Total Assessment
$3,373,800
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