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2100 Broadway 1,804 SF Retail Building Anderson, IN 46012 $450,000 ($249.45/SF) 8.67% Cap Rate
Executive Summary
There are total of two retail centers totaling 3800 SF of retail spaces.
4 Tenants with leases expires 2027-2028.
one of the tenants has been there for years.
well maintained property with little landlord work needed.
leases will be provided for serious buyers.
4 Tenants with leases expires 2027-2028.
one of the tenants has been there for years.
well maintained property with little landlord work needed.
leases will be provided for serious buyers.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,804 SF
Building Class
C
Year Built
1953
Price
$450,000
Price Per SF
$249.45
Cap Rate
8.67%
NOI
$39,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.16 AC
Zoning
B1 - Commercial
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
188’ on Broadway Street
Amenities
- Signage
Fairly walkable
40/100
Moderately drivable
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 48-08-36-400-316.000-019 | Improvements Assessment | $61,200 |
| Land Assessment | $14,500 | Total Assessment | $75,700 |
Property Taxes
Parcel Number
48-08-36-400-316.000-019
Land Assessment
$14,500
Improvements Assessment
$61,200
Total Assessment
$75,700
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2100 Broadway
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