1016 S Weinbach Ave - Storefront Retail/Office FOR SALE
Evansville, IN 47714 |
1016 S Weinbach Ave
Evansville, IN 47714
HIGHLIGHTS
- Below market rents of current at $8.00 per square foot and local market 1-3 star neighborhood strip center are at $12.00 - $13.00 per square foot.
- 100% Occupied neighborhood strip center with local Market Tenant
- Tenant Mix is non-credit and mom/pop providing local market servicing which increase business profitability for tenant
- Majority of Tenants have expressed interest in extending leases to provide credibility to the area
- Evansville is the third largest city, by volume, in Indiana.
- Premium Traffic Counts at 25,000 VPD
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Metro Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
12884
STORIES
1
YEAR BUILT
1963
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
82-06-34-017-076.020-027
