Listed by SVN | The Martin Group Evansville
$465,000
2526 N. Burkhardt Rd
Details
Property Type Industrial, Office
Sub Type Traditional Office, Warehouse
Square Footage 5,220
Net Rentable (SqFt) 5,220
Cap Rate 7.75%
NOI $36,018
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $80
Year Built 1982
Year Renovated 2014
Buildings 1
Acreage 0.530
Zoning M-2
Ground Lease No
Dock High Doors 2
Industrial | 7.75% CAP | 5,220 SqFt
Marketing description
This offering features a single-tenant industrial investment in a high-traffic Evansville corridor. The 5,220 SF free-standing facility is leased to a strong-credit tenant, providing stable and predictable income through a NNN lease structure. The property is well-maintained and suited for a range of industrial uses, including warehousing and light manufacturing.
With excellent visibility, easy access to major routes, and a location within an active commercial and industrial area, this asset presents a low-management investment opportunity with dependable cash flow.
Investment highlights
- Single-tenant NNN investment with consistent income
- Strong-credit tenant in place
- 5,220 SF free-standing industrial building
- ±2,600 SF warehouse space
- Renovated in 2014; well-maintained
- Steel construction with two (2) overhead doors
- Office area with multiple offices, conference room & kitchenette
- High-visibility location with easy interstate access
Listing Contacts
Listed by SVN | The Martin Group Evansville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,018.00
$3,001.50/mo
Valuation Metrics
0
DSCR
7.75%
Cap Rate
7.75%
ROI
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