For Sale
$1,000,000
818 National Ave Brazil, IN 47834
High-Yield Investment Opportunity: 7.5% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,000,000 asking price for this 3,833 square foot retail storefront.
- 7.50% cap rate with a $74,824 net operating income (NOI).
- Located at 818 E National Avenue, Brazil, IN 47834, on Highway 40 in the heart of the Brazil retail district.
- Single-tenant, free-standing building with 27 parking spaces on a 0.54-acre lot.
- Built in 2000, this one-story building is zoned C and features an AT&T Spring Mobile tenant with a lease extending through 2029, plus a five-year option.
Property Details for 818 National Ave
- Property type
- Retail properties, Retail space
- Square Feet
- 3,833 SF
- Year Built
- 2000
- Stories
- 1
- Lot Size (sq. ft)
- 23,522 SF
Location Insight
- City
- Brazil
- County
- Clay
- State
- Indiana
- Latitude
- 39.5261363
- Longitude
- -87.1156703
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Investment Opportunity: 7.5% Cap Rate
- Where is the retail property located?
- The property is located at 818 National Ave Brazil, IN.
- What is the asking price?
- The asking price for this property is $1,000,000.
- What are key features of this property?
- This property features: $1,000,000 asking price for this 3,833 square foot retail storefront.; 7.50% cap rate with a $74,824 net operating income (NOI).; Located at 818 E National Avenue, Brazil, IN 47834, on Highway 40 in the heart of the Brazil retail district.
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