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

404 S HOKE AVE Frankfort IN 46041-2633

[Locked] • APN 121011330018000021

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 7,128
Lot SqFt 26,884
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code GB
Year Built 1977
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Lease Expiration ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Marketing Description

Long term tenancy Sherwin-Williams Paints has a 40-Year operating history at this site and has exercised multiple lease options which speaks to the strength of location and success of the tenants operations. Recent lease renewal, a corporate guaranteed lease with approximately 5 years remaining on the primary term.

Priced below replacement cost at only $68 per square foot, Sherwin-Williams paints rent at .39 cents per square foot is significantly under market offering an investor an added layer of protection and future upside through rent appreciation. Sherwin-Williams is America's largest paint supplier and maintains an S&P investment grade (BBB) credit rating with Standards & Poor's adding to security of investment.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
JM
Jeremy McChesney PRO
•••.•••.7671
••••••sney@••••••.com
Brokerage logo
Listing removed on
 BY:
AS
Andrew Sprowl
•••.•••.7646
•••rowl@••••••.com
Brokerage logo

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