102 W Mill St - Specialty FOR SALE


Capac, MI 48014
$249,995 USD
317-418-7711
102 W Mill St, Capac, MI for Sale
$249,995 USD
Specialty - FOR SALE
1/2
null | 7.32% Cap Rate

102 W Mill St
Capac, MI 48014


HIGHLIGHTS

  • 6.5 years of Guaranteed Rent by USPS
  • Busy Downtown Location

OVERVIEW

USPS post office located in Capac, MI. Leased thru 2/28/28 and then USPS has already exercised the next 5 year option thru 2/28/33! Guaranteed Rent for the next 6.5 years. This post office has a USPS Tax rider and a USPS Maintenance rider. USPS will be moving from this location as they need more space and has the right to sublease space as long as they are responsible for it. Busy downtown location. Ron 317-418-7711

FOR SALE DETAILS

PRICE

$249,995 USD

PRICE/SF

$172 USD /SF

CAP RATE

7.32%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,036 SF

ZONING

VILLAGE

APN/PARCEL ID

40-950-0203-000

ASK ABOUT THIS PROPERTY

Ron LevinPostal PropertiesMore Info
317-418-7711

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Ron LevinPostal PropertiesMore Info
317-418-7711

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.