106 W Pike Ave - Loft/Creative Space FOR SALE


Petersburg, IN 47567
$1,082,080 USD
512-543-7437
106 W Pike Ave, Petersburg, IN for Sale
$1,082,080 USD
Loft/Creative Space - FOR SALE
1/5
null | 7.5% Cap Rate

106 W Pike Ave
Petersburg, IN 47567


HIGHLIGHTS

  • Kid City USA Has Been in Business For More Than 20 Years With 130 Locations
  • Strong Personal and Corporate Guarantee By Kid City USA, Inc
  • Petersburg, Located in Southern Indiana, is the Heart of the Regional Manufacturing Hub
  • 45-Minute Drive to Evansville Regional Airport (EVV) and Lawrenceville-Vincennes International Airport (LWV)
  • Over 13 Years Remaining on a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Center is Less Than 1-Mile From The Meadows at Parkview Subdivision, a New 60-Acre, 102-Home Development

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,284 SF Kid City USA Located at 106 West Pike Avenue in Petersburg, IN. This Deal Includes Over 13 Years Remaining on a Long-Term Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment. In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918

FOR SALE DETAILS

PRICE

$1,082,080 USD

PRICE/SF

$205 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kid City USA - Petersburg, IN

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Day Care Center, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

-

APN/PARCEL ID

63-02-27-439-023.000-012

ASK ABOUT THIS PROPERTY

Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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