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4008 W Bethel Ave 5,754 SF Office Building Muncie, IN 47304 $2,528,839 CAD ($439.49 CAD/SF) 6.53% Cap Rate
Investment Highlights
- Currently used as medical office
Executive Summary
Leased term through 2030 to Community Health Network.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
5,754 SF
Building Class
C
Year Built/Renovated
1993/2015
Price
$2,528,839 CAD
Price Per SF
$439.49 CAD
Cap Rate
6.53%
NOI
$165,182 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,754 SF
Building FAR
0.15
Lot Size
0.91 AC
Zoning
C-B - Central Business
Parking
71 Spaces (12.34 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 18-07-31-400-025.000-003 | Improvements Assessment | $722,428 CAD |
| Land Assessment | $230,329 CAD | Total Assessment | $952,757 CAD |
Property Taxes
Parcel Number
18-07-31-400-025.000-003
Land Assessment
$230,329 CAD
Improvements Assessment
$722,428 CAD
Total Assessment
$952,757 CAD
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4008 W Bethel Ave
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