340 Northpoint Ave - Office FOR SALE


Huntington, IN 46750
$341,480 USD
260-424-8448
340 Northpoint Ave, Huntington, IN for Sale
$341,480 USD
Office - FOR SALE
1/8
null | 7.75% Cap Rate

340 Northpoint Ave
Huntington, IN 46750


OVERVIEW

STURGES PROPERTY GROUP HAS BEEN APPOINTED THE EXCLUSIVE AGENT for the sale of a 100% leased two-tenant office investment property located at 340 Northpoint Ave in Huntington, Indiana. The property consists of a well-maintained building with dedicated suite and ample shared parking with the adjacent buildings. THE BUILDING IS CURRENTLY LEASED TO EDWARD JONES AND ELLIOT INSURANCE, providing stable in-place income and diversified tenancy. Landlord maintenance obligations are limited to the roof and structure, allowing the investor to offset operating costs with limited management. POSITIONED IN A QUIET PROFESSIONAL SETTING ON THE NORTH SIDE OF HUNTINGTON, the property offers convenient accessibility to nearby retailers and US 24. The building’s small suite sizes offer the investor predictable cash flow in and limited vacancy upon turnover in a supply constrained market.

FOR SALE DETAILS

PRICE

$341,480 USD

PRICE/SF

$171 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Northpoint Office Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

BP

APN/PARCEL ID

35-05-09-200-780.019-005

ASK ABOUT THIS PROPERTY

Neal BowmanSturges Property GroupMore Info
260-424-8448

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Neal BowmanSturges Property GroupMore Info
260-424-8448

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