Listed by Berkshire Hathaway HomeServices Northern Indiana Real Estate
$1,200,000
Sylvan Building
Details
Property Type Office, Retail
Sub Type Medical Office, Traditional Office
Square Footage 8,000
Cap Rate 8.33%
NOI $100,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $150
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback
Office | 8.33% CAP | 8,000 SqFt
Marketing description
INVESTMENT OPPORTUNITY: Fully leased 8,000 square foot office building located in the high visibility Grape Rd. Corridor in Mishawaka, IN. Long-term Triple Net Leases with Sylvan Learning Center (3,800 sq ft ), Prometric Testing Center (1,200 sq ft) and Planned Parenthood Mishawaka Health Center (3,000 sq ft).
The subject property contains 1.16 acres and has Building and Marquee Signage for each Tenant along Grape Rd. Ample parking on site.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Northern Indiana Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,000.00
$8,333.33/mo
Valuation Metrics
0
DSCR
8.33%
Cap Rate
8.33%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
