For Sale
$495,000

400 Oak StWinchester, IN 47394

Renovated Office, 10-Year Lease, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a beautifully renovated 3,000-square-foot office building in Winchester, Indiana. Located at 400 S Oak St, 47394, this single-story property boasts a prime location with high visibility near US Highway 27 and ample parking. The building features a gross lease with a corporate guarantee, ensuring a secure and stable income stream. The current lease term is 10 years, with a remaining term of 10 years, providing long-term financial stability. The property is currently 100% occupied, with an occupancy date of September 30, 2024. Completely renovated in 2024, this versatile space is suitable for various office uses, including executive, medical, and traditional office settings. The building offers a compelling 8.00% capitalization rate, making it an attractive investment for discerning buyers. This is a single-unit property with a strong tenant profile and a significant remaining lease term, promising consistent returns. The property's excellent location and recent renovations combine to create a truly exceptional investment opportunity.

Highlights

  • 3,000 sq ft renovated office building in Winchester, IN.
  • Located at 400 S Oak St, 47394, near US Highway 27 with ample parking.
  • 10-year gross lease with corporate guarantee, 10 years remaining.
  • 100% occupied, with occupancy through September 30, 2024.
  • 8.00% capitalization rate.

Property Details for 400 Oak St

Property type
Office properties, Medical offices
Square Feet
3,000 SF
Year Renovated
2024
Buildings
1
Stories
1
Units
1

Location Insight

City
Winchester
County
Randolph
State
Indiana
Latitude
40.169207435417
Longitude
-84.973451354513
400 Oak St, Winchester, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
400 Oak St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message