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19775464
19775463

630 High St, Geneva, IN 46740

TR
IN RB14027532
SVN | Parke Group Fort Wayne
Listed by SVN | Parke Group Fort Wayne
$1,340,000
649 days on market
Updated 84 days ago
Opportunity zone

630 High St

Details
APN 01-11-29-200-049.000-019
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 43,150
Cap Rate 9.19%
NOI $123,141
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $31
Year Built 1950
Year Renovated 2021
Acreage 2.930
Zoning I1
Ceiling Height 16

Industrial | 9.19% CAP | 43,150 SqFt

Marketing description

SVN Parke Group is pleased to present this excellent multi-tenant investment opportunity. This 43,150 square foot industrial building is fully leased with two tenants in place.

This offering is located on the north edge of Geneva directly off US Highway 27 which runs from Fort Wayne to Cincinnati. Geneva is located at the intersection of US Hwy 27 and State Road 116 near the Wabash River. Geneva is 35 miles south of Fort Wayne and 110 miles from Indianapolis.


Investment highlights

  • Rare Industrial Space Available in Adams County!

  • Great Fit for Warehousing or Manufacturing

  • Easy Access from US Hwy 27

  • Low Price per Square Foot

Listing Contacts

TR
IN RB14027532
SVN | Parke Group Fort Wayne
Listed by SVN | Parke Group Fort Wayne

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$123,141.00
$10,261.75/mo

Valuation Metrics

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DSCR
9.19%
Cap Rate
9.19%
ROI

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