1950 E Walnut St - Retail FOR SALE
Frankfort, IN 46041 |
$2,352,000 USD
248-702-0288
1950 E Walnut St
Frankfort, IN 46041
HIGHLIGHTS
- 2022 New Construction | 11 Years Remaining on Lease | Single Tenant Building
- Below Market Rents of just $10.35 Per Square Foot
- Located in a Dense Traffic Area with Over 14,000 VPD Reported on E. Walnut | Over 15,000 VPD Reported on Wabash
- Multiple Access Points | Plenty of Parking with over 50 Surface Level Spaces
- Located Near National Tenants such as Dollar General, Jackson Hewitt, Verizon Wireless, Allstate and Walmart
- Strong Community Integration with Goodwill’s nonprofit model tied to local employment and social programs
FOR SALE DETAILS
PRICE
$2,352,000 USD
PRICE/SF
$188 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Goodwill
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
12-10-11-284-017.001-021
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248-702-0288
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248-702-0288
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