Listed by KW Commercial Lafayette, IN
$1,125,000
1601 Lafayette Road Crawfordsville
Details
Property Type Office
Sub Type Medical Office
Square Footage 8,387
Cap Rate 6.62%
NOI $74,466
Tenancy Multi
Brand/Tenant Quest, Pinnacle
Lease Type NNN
Lease Expiration 04/12/2028
Remaining Term 1.8
Rent Bumps Yes
Price per SqFt $134
Class A
Year Built 2005
Buildings 1
Stories 1
Lot Size (SqFt) 114,563
Investment Type Stabilized
Office | 6.62% CAP | 8,387 SF
Marketing description
The Marquis Group is pleased to present 1601 Lafayette Rd, Crawfordsville, IN. This prime medical investment is on 231 in Crawfordsville near I-74. It has 2 well established tenants. The lot is 2.63 A, and has a well maintained lot both in front and behind the building. The lot offers potential for another building. The building is 8387 sq ft with a large basement. It is well constructed with high quality materials including copper gutters, and solid wood doors.
Investment highlights
Off of the Interstate on the edge of Crawfordsville.
This property has ample parking in front and in rear
Very visable
Listing Contacts
Listed by KW Commercial Lafayette, IN
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$74,466.00
$6,205.50/mo
Valuation Metrics
0
DSCR
6.62%
Cap Rate
6.62%
ROI
Map
Zoning
C CommercialGeneral CommercialCommercial
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