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- LoopNet Team
2665 State St
Columbus, IN 47201
Subway · Retail Property For Sale
PROPERTY FACTS
ABOUT 2665 STATE ST , COLUMBUS, IN 47201
Marcus & Millichap is pleased to present this single-tenant net-leased Subway located in Columbus, Indiana. The subject property is 1,740 square foot building located on approximately 0.48 acres off of State Street on the south side of Columbus, Indiana. The property is located just off the intersection across from a new Casey's General Store and gas station. The tenant is will sign a new 10-year absolute net lease at closing which will escalate at 10% every 5 years including three, five-year options. The annual rent has been set at approximately eight percent of the annual store sales volume average over the previous three years. Columbus is a city approximately 45 minutes south of Indianapolis and located just off of Interstate 65, the main north/south thoroughfare through the state of Indiana. Cummins is home to Cummins, Inc. headquarters, a Fortune 500 company, that designs, manufactures, and distributes engines, filtration, and power generation products. It 2014, Cummins had sales of $19.2 Billion.
PROPERTY TAXES
| Parcel Number | 03-96-29-320-004.400-005 | Improvements Assessment | $262,000 |
| Land Assessment | $88,800 | Total Assessment | $350,800 |
PROPERTY TAXES
