808 W Lincoln Ave - Light Distribution FOR SALE


Goshen, IN 46526
$790,000 USD
248-980-3300
808 W Lincoln Ave, Goshen, IN for Sale
$790,000 USD
Light Distribution - FOR SALE
1/10
null | 9.5% Cap Rate

808 W Lincoln Ave
Goshen, IN 46526


HIGHLIGHTS

  • NNN Lease
  • Current lease expires – 11/30/2027
  • Long-term operating history
  • Goshen Electric/Standard Electric is a wholly owned subsidiary of Sonepar
  • Sonepar - $37 billion annual revenue
  • One, 1-year option period remaining

OVERVIEW

Freidman Real Estate is pleased to present this free-standing single-tenant net leased industrial investment opportunity in Goshen, IN. The tenant, Goshen electric was founded and has been successfully operating since 1936. In October of 2015, Goshen Electric, Inc. was acquired by Saginaw, MI based Standard Electric Company, turning it into a division of their company. Standard Electric is a wholly owned subsidiary of Sonepar ($37 Billion annual revenue).

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.88

LAND SF

38,333

ZONING

B-2

APN/PARCEL ID

20-11-09-304-002.000-015

ASK ABOUT THIS PROPERTY

Derek DeLauraFriedman Real EstateMore Info
248-980-3300

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Derek DeLauraFriedman Real EstateMore Info
248-980-3300

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