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4008 W Bethel Ave
Muncie, IN 47304
Office Property For Sale
Investment Highlights
- Currently used as medical office
Executive Summary
Leased term through 2030 to Community Health Network.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,754 SF
Building Class
C
Year Built/Renovated
1993/2015
Price
$1,850,000
Price Per SF
$321.52
Cap Rate
6.53%
NOI
$120,841
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,754 SF
Building FAR
0.15
Lot Size
0.91 AC
Zoning
C-B - Central Business
Parking
71 Spaces (12.34 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 18-07-31-400-025.000-003 | Improvements Assessment | $528,500 |
| Land Assessment | $168,500 | Total Assessment | $697,000 |
Property Taxes
Parcel Number
18-07-31-400-025.000-003
Land Assessment
$168,500
Improvements Assessment
$528,500
Total Assessment
$697,000
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