11 Declaration Drive

    Greenwood, IN 46143
    • $2,300,000
    • STATUS: Active
    • ON SITE: 1301 days
    • MLS #: 21342775
    UPDATED: 32 min ago
    $2,300,000
    • 0
      BEDS
    • 5.79
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2002
    County:

    School Ratings & Info

    Description

    This appears to be a great investment opportunity just off U.S. 31 and adjacent to the Kroger retail center. This property offers nearly a 9% cap rate with a good variety of tenants. The center has plenty of parking and ample signage. This could be a great asset to diversify an investment portfolio, a 1031 exchange property, etc.

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    © 2018 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The ORR Home Selling Team.
    www.movemuncie.com/homes/48900730

    11 Declaration Drive Greenwood, IN 46143

    • Price: $2,300,000
    • Status: Active
    • Updated: 32 min ago
    • MLS #: 21342775
    0
    Beds
    0
    Baths
    0
    ½ Baths
    5.79
    Acres
    2002
    Built
    Neighborhood:
    Summerfield Crossing
    County:
    Johnson
    Area:
    4102 - Johnson - Pleasant
    Property Description
    This appears to be a great investment opportunity just off U.S. 31 and adjacent to the Kroger retail center. This property offers nearly a 9% cap rate with a good variety of tenants. The center has plenty of parking and ample signage. This could be a great asset to diversify an investment portfolio, a 1031 exchange property, etc.
    Exterior Features

    Building Size 48638 Lot Size 252300 Parking Surface Asphalt Road Access Citystreet Signage PylonStorefront

    Interior Features

    Max Contig Sq Ft 4200 Min Contig Sq Ft 1400 Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricSewerWaterGas Available Commercial Possession Negotiable Contingency Act With No Contingency Direct Soliciting No Disclosures Not Applicable Divisible Yes Gross Potential Income 321300 Investment Yes Lease Amount 10.00 Net Operating Income 202300 Other Disclosures None Possession Negotiable Present Use Commmulten Property Sub Type Retail Proposed Lease Triple Net Proposed Term 3 Years Proposed Use Commmulten Semi Annual Property Tax Amount 47108 Space Available 9800 Tax Year 2015 Township Pleasant Transaction Type Sale Zoning Reta

    Listing provided courtesy of Re/Max Results. © 2018 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2018 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The ORR Home Selling Team.
     
    The ORR Home Selling Team
    2200 W. McGalliard Road
    Muncie IN, 47304