Log In/Sign Up
Your email has been sent.
427-525 S Memorial Dr 91,648 SF 93% Leased Retail Building New Castle, IN 47362 $8,000,000 ($87.29/SF) 7.05% Cap Rate
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
91,648 SF
Building Class
C
Year Built/Renovated
1965/1987
Price
$8,000,000
Price Per SF
$87.29
Cap Rate
7.05%
NOI
$564,154
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
15’
Building FAR
0.15
Lot Size
13.60 AC
Zoning
Commercial - General commercial zoning for various business activities.
Parking
569 Spaces (4.99 Spaces per 1,000 SF Leased)
Frontage
806’ on S Memorial Dr
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Inline, retail.
Former shoe store. Inline. Call owner for rental rate.
Inline retail. Former women's spa. Call owner for rental rate.
Former hair salon. Inline. Call owner for rental rate.
| Space | Size | Space Use | Position | Available |
| 433 | 7,500 SF | Retail | In-Line | Apr 2028 |
| 455 | 3,000 SF | Retail | In-Line | Now |
| 511 | 2,500 SF | Retail | In-Line | Now |
| 525 | 1,000 SF | Retail | In-Line | Now |
433
| Size |
| 7,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Apr 2028 |
455
| Size |
| 3,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
511
| Size |
| 2,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
525
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
433
| Size | 7,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Apr 2028 |
Inline, retail.
455
| Size | 3,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former shoe store. Inline. Call owner for rental rate.
511
| Size | 2,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Inline retail. Former women's spa. Call owner for rental rate.
525
| Size | 1,000 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former hair salon. Inline. Call owner for rental rate.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-12-15-110-115.000-016 | Improvements Assessment | $2,498,400 |
| Land Assessment | $1,012,400 | Total Assessment | $3,510,800 |
PROPERTY TAXES
Parcel Number
33-12-15-110-115.000-016
Land Assessment
$1,012,400
Improvements Assessment
$2,498,400
Total Assessment
$3,510,800
1 of 25
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
427-525 S Memorial Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.