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11903 Welland Street - Cumberland Professional Building, Cumberland, IN

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DetailMap
11903 Welland Street - Cumberland Professional Building

Cumberland, IN 46229 - Lawrence/East County Submarket


Property Type:Office Sub Type:- Status:Existing Year Built:1975
Stories:2 Typical Floor:4,134 SF Building Size:8,268 SF
% Leased:
For Sale Price:$298,000 Price/SF:$36.04
Cap Rate:-
Smallest Space:1,700 SF Largest Space:1,700 SF Total Space Avail:1,700 SF Rent/SF/Yr:
$10.00
Parking:Free Surface spaces are available; Ratio of 5/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,700 SF
$10.00/SF/Yr
Negotiable
Negotiable
Medical
 
10651479
Marketing Flyer Marketing Flyer  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,700 SF
$10.00/SF/Yr
Negotiable
Negotiable
Medical

Sale Notes:
Excellent professional office building with several long term tenants located in Cumberland on Indy's far east side. There are a total of 9 rent-able offices accounting for 6500 SF of rent-able space. Of the nine suites five are currently rented. Property would bring in a 19% CAP rate when fully occupied. The property is in excellent condition with no deferred maintenance issues along with a full brick exterior. This site is ideal for an owner tenant use. Excellent paved parking in a quiet suburban setting. Owner is retiring and ready to let it go.
East on Washington St to the suburb of Cumberland. Turn left on Muessing St (north) and go three blocks to Welland, turn right to property on right

F. C. Tucker Real Estate Company
Ric Williams
(317) 897-3300


F. C. Tucker Real Estate Company
Ric Williams
(317) 897-3300



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