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Walgreens (Dark) 123 N 13th St

14,820 SF Retail Building Decatur, IN 46733 $5,674,907 CAD ($383 CAD/SF) 7.75% Cap Rate

Drug Stores Indiana Decatur 123 N 13th St, Decatur, IN 46733

Investment Highlights

  • 8 YEARS REMAINING ON NNN LEASE | TIMELY RENT SINCE VACATING
  • DENSE RETAIL CORRIDOR
  • POSITIVE POPULATION GROWTH
  • TENANT HAS INVESTMENT GRADE CREDIT | S&P: BBB
  • LOCATED ON A SIGNALIZED CORNER | +/- 28,025 VPD
  • FORT WAYNE METROPOLITAN AREA LOCATION

Executive Summary

In Association with Samuel Smith RB14019962

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2005
Price
$5,674,907 CAD
Price Per SF
$383 CAD
Cap Rate
7.75%
NOI
$439,524 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
1.60 AC
Zoning
B3 - Road Side Business
Parking
89 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
290 ft on N 13th St

Amenities

  • Drive Thru

Links

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PROPERTY TAXES

Parcel Number 01-02-33-400-005.500-014 Improvements Assessment $279,391 CAD
Land Assessment $142,154 CAD Total Assessment $421,544 CAD

PROPERTY TAXES

Parcel Number
01-02-33-400-005.500-014
Land Assessment
$142,154 CAD
Improvements Assessment
$279,391 CAD
Total Assessment
$421,544 CAD
  • Spencer Henderson
    Spencer Henderson
  • Camille Renshaw
    Camille Renshaw
  • Scott Scurich
    Scott Scurich
(415) 315-9287

  • Listing ID: 25498326

  • Date on Market: 2022-04-18

  • Last Updated:

  • Address: 123 N 13th St, Decatur, IN 46733

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Walgreens (Dark) | 123 N 13th St
(415) 315-9287 x

Walgreens (Dark) | 123 N 13th St

1/3

Spencer Henderson

(415) 315-9287

(415) 315-9287

Camille Renshaw

(917) 790-1482

(917) 790-1482

Scott Scurich

(646) 770-0659

x115

(646) 770-0659 x115

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