Listed by FC Tucker Commercial
$515,000
2920 Mount Vernon Avenue
Details
Property Type Retail
Square Footage 5,183
Cap Rate 9.00%
NOI $46,321
Occupancy 100%
Tenancy Single
Brand/Tenant River City Pet Camp
Lease Type Net
Remaining Term 5
Year Built 1950
Acreage 1.090
Zoning C-4
Investment Type Net Lease
Ground Lease No
9% CAP Real Estate Only Net Leased Investment
Marketing description
Currently set up as one of the few dog boarding/dog grooming facilities in Evansville. Over 50 kennels in place. Tenant is River City Pet Camp. They have been there 3.5 years and just signed a new five-year lease. New roof and EIFS Façade in last 3 years.
Listing Contacts
Listed by FC Tucker Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$46,321.00
$3,860.08/mo
Valuation Metrics
0
DSCR
8.99%
Cap Rate
8.99%
ROI
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