Listed by Mike Richardson Real Estate
$1,745,000
Former Fazoli's on Evansville's West Side
Details
APN 82-05-28-007-428.006-024
Property Type Retail
Sub Type Restaurant
Square Footage 3,337
Units 1
Cap Rate 5.05%
NOI $90,396
Year Built 1996
Lot Size (SqFt) 36,198
Zoning M-3
Ground Lease No
Sale Condition For sale by owner
About This Property
Marketing description
· Two warehouses available. Suite 803 is 25,115 SF. Suite 805 is 32,927 SF. Both can be combined for a total of 58,042 SF. There is a larger opening between th two spaces with an overhead door separating the two.
· Both warehouses currently occupied by Azteca Milling Company. They plan to vacate in June 2026.
· Located in an industrial area approximately 1/2 mile south of theintersection of Hwy 41 and the Lloyd Expressway (IN-66)
· 5 offices in the 805 building
· 7 offices in the 803 building
· 1 breakroom & IT room in 803
· 2 restrooms in each building
· 20’ clear ceiling height
· 36’ between beams in each building
Listing Contacts
Listed by Mike Richardson Real Estate
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$90,396.00
$7,533.00/mo
Valuation Metrics
0
DSCR
5.18%
Cap Rate
5.18%
ROI
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