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Tractor Supply Company 1807 N Wayne St

30,000 SF 100% Leased Retail Building Angola, IN 46703 $2,630,700 CAD ($88 CAD/SF) 5.41% Cap Rate

Retail Buildings Indiana Angola 1807 N Wayne St, Angola, IN 46703

Investment Highlights

  • • Strong Credit Tenant
  • • Recently Extended Lease Another 5 Years
  • • Landlord Only Responsible for Roof & Structure
  • • Long Term Seasoned Tenant (Since 2000)
  • • NEW Rubber Membrane Roof 2020 – Under Warranty

Executive Summary

• Strong Credit Tenant • Long Term Seasoned Tenant (Since 2000)
• Recently Extended Lease Another 5 Years
• NEW Rubber Membrane Roof 2020 – Under Warranty
• Landlord Only Responsible for Roof & Structure
• Priced Below Replacement Cost ($53/sf)
• NEW Parking Lot 2020 ($150,000+)
• Average Household Income: $71,912 (10 Miles)
• Strong Traffic Counts
• Located on Main Retail Corridor

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,000 SF
Building Class
B
Year Built
1979
Price
$2,630,700 CAD
Price Per SF
$88 CAD
Cap Rate
5.41%
NOI
$142,321 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
3.35 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C - Commercial
Parking
60 Spaces

Amenities

  • Air Conditioning
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Nearby Major Retailers

Anytime Fitness
Premier Rental Purchase
ALDI
Buffalo Wild Wings
The YMCA
KeyBank
Rent-A-Center
Fifth Third Bank
Meijer
Starbucks

PROPERTY TAXES

Parcel Number 76-06-23-210-102.000-012 Improvements Assessment $1,296,413 CAD
Land Assessment $689,179 CAD Total Assessment $1,985,591 CAD

PROPERTY TAXES

Parcel Number
76-06-23-210-102.000-012
Land Assessment
$689,179 CAD
Improvements Assessment
$1,296,413 CAD
Total Assessment
$1,985,591 CAD
(317) 844-0700 x704

Contact

  • Listing ID: 27902277

  • Date on Market: 2023-03-06

  • Last Updated:

  • Address: 1807 N Wayne St, Angola, IN 46703

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Tractor Supply Company | 1807 N Wayne St
(317) 844-0700 x 704

Tractor Supply Company | 1807 N Wayne St

John Riser

(317) 844-0700

x704

(317) 844-0700 x704

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