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CVS 1221 W Monroe St 10,200 SF Retail Building Decatur, IN 46733 $3,297,207 CAD ($323.26 CAD/SF) 6.10% Cap Rate
Investment Highlights
- Rent increases by 26.81% in the first option.
- Surrounded by 1.1 MSF of retail within a 3-mile radius.
- Positioned on a hard corner at a signalized intersection.
Executive Summary
Absolute NNN Lease with Corporate Guaranty
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,200 SF
Building Class
C
Year Built
1999
Price
$3,297,207 CAD
Price Per SF
$323.26 CAD
Cap Rate
6.10%
NOI
$201,130 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.28 AC
Parking
59 Spaces (5.78 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Awning
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $742,526 CAD | |
| Land Assessment | $249,621 CAD | Total Assessment | $992,147 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$249,621 CAD
Improvements Assessment
$742,526 CAD
Total Assessment
$992,147 CAD
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CVS | 1221 W Monroe St
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