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3400 Claremont Ave 6,500 SF Industrial Building Evansville, IN 47712 $750,000 ($115.38/SF) 5.95% Cap Rate
Investment Highlights
- New lease with a publicly traded company.
Executive Summary
Not available to sell until November 2023.
Property Facts Under Contract
| Price | $750,000 | Lot Size | 0.71 AC |
| Price Per SF | $115.38 | Rentable Building Area | 6,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.95% | Year Built | 2004 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | Manufaturing | ||
| Price | $750,000 |
| Price Per SF | $115.38 |
| Sale Type | Investment |
| Cap Rate | 5.95% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.71 AC |
| Rentable Building Area | 6,500 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Manufaturing |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- MasTec, Inc.
- Utilities
- 6,500 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| MasTec, Inc. | Utilities | 6,500 SF | - | Triple Net | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 82-05-26-018-207.012-025 | Improvements Assessment | $83,200 |
| Land Assessment | $23,200 | Total Assessment | $106,400 |
Property Taxes
Parcel Number
82-05-26-018-207.012-025
Land Assessment
$23,200
Improvements Assessment
$83,200
Total Assessment
$106,400
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3400 Claremont Ave
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