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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28741241

1500 Greentree Blvd, Clarksville, IN 47129

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$7,058,824
186 days on market
Updated 33 days ago

At Home & Planet Fitness

Details
Property Type Retail
Sub Type Storefront
Square Footage 112,437
Units 2
Cap Rate 8.5%
NOI $600,000
Occupancy 100%
Tenancy Multi
Brand/Tenant Planet Fitness, At Home
Lease Type Net
Price per SqFt $63
Year Built 1968
Year Renovated 2021
Buildings 1
Stories 1
Acreage 9.480

Retail | 8.50% CAP | 112,437 SqFt

Investment highlights

  • Strong Performing National Anchors

  • Long Standing Tenant Operating History

  • Value-Add Through Lease-Up & Recapture

  • Long-Term Leases with Strong Covenants

  • Adjacent to Top Regional Retailers

  • Highly Stable Retail Corridor

  • Recent Capital Improvements

  • Dense Affluent Demographics

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$600,000.00
$50,000.00/mo

Valuation Metrics

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DSCR
8.5%
Cap Rate
8.5%
ROI

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