Log In/Sign Up
Your email has been sent.
340 Northpoint Ave
Huntington, IN 46750
Northpoint Office Building · Office Property For Sale
Executive Summary
STURGES PROPERTY GROUP HAS BEEN APPOINTED THE EXCLUSIVE AGENT for the sale of a 100% leased two-tenant office investment property located at 340 Northpoint Ave in Huntington, Indiana. The property consists of a well-maintained building with dedicated suite and ample shared parking with the adjacent buildings.
THE BUILDING IS CURRENTLY LEASED TO EDWARD JONES AND ELLIOT INSURANCE, providing stable in-place income and diversified tenancy. Landlord maintenance obligations are limited to the roof and structure, allowing the investor to offset operating costs with limited management.
POSITIONED IN A QUIET PROFESSIONAL SETTING ON THE NORTH SIDE OF HUNTINGTON, the property offers convenient accessibility to nearby retailers and US 24. The building’s small suite sizes offer the investor predictable cash flow in and limited vacancy upon turnover in a supply constrained market.
THE BUILDING IS CURRENTLY LEASED TO EDWARD JONES AND ELLIOT INSURANCE, providing stable in-place income and diversified tenancy. Landlord maintenance obligations are limited to the roof and structure, allowing the investor to offset operating costs with limited management.
POSITIONED IN A QUIET PROFESSIONAL SETTING ON THE NORTH SIDE OF HUNTINGTON, the property offers convenient accessibility to nearby retailers and US 24. The building’s small suite sizes offer the investor predictable cash flow in and limited vacancy upon turnover in a supply constrained market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
2,000 SF
Building Class
C
Year Built/Renovated
2001/2024
Price
$473,032 CAD
Price Per SF
$236.52 CAD
Cap Rate
7.75%
NOI
$36,660 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,000 SF
Building FAR
0.08
Lot Size
0.59 AC
Zoning
BP - Business Park
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 35-05-09-200-780.019-005 | Improvements Assessment | $245,072 CAD |
| Land Assessment | $92,039 CAD | Total Assessment | $337,111 CAD |
Property Taxes
Parcel Number
35-05-09-200-780.019-005
Land Assessment
$92,039 CAD
Improvements Assessment
$245,072 CAD
Total Assessment
$337,111 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
