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3633 25th St 4,542 SF 100% Leased Retail Building Columbus, IN 47203 $736,000 ($162.04/SF) 8.28% Cap Rate
INVESTMENT HIGHLIGHTS
- High Visibility
- Fully Leased
- Well Maintained
EXECUTIVE SUMMARY
Now available for sale is a very nice multi-tenant office building. This building consists of two suites and an outbuilding totaling 4,542 SF. Utilities are sub-metered. The building has been well maintained and is in very good condition. Situated on 25th Street, the property provides excellent visibility for tenants with traffic counts of 7,300 vehicles per day. Cap rate of 8.28%
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,542 SF
Building Class
C
Year Built
2005
Price
$736,000
Price Per SF
$162.04
Cap Rate
8.28%
NOI
$60,964
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.49 AC
Zoning
CC - Commercial: Community
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
170’ on 25th St
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-96-17-410-000.200-005 | Improvements Assessment | $224,500 |
| Land Assessment | $213,400 | Total Assessment | $437,900 |
PROPERTY TAXES
Parcel Number
03-96-17-410-000.200-005
Land Assessment
$213,400
Improvements Assessment
$224,500
Total Assessment
$437,900
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3633 25th St
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