525 7Th StAuburn, IN 46706

  • Land
  • 0.21 AC
For Lease
$25/SF/YR View listing

Property Details for 525 7Th St

Lot size
0.21 AC
Property type
Land
Property subtype
Commercial land
APN
17-06-31-227-003.000-025
APU
170631227003000025

Description

This exceptional Class A commercial property, located at 525 W Seventh St, Auburn, IN 46706, offers 6,680 square feet of versatile space ideal for medical, office, or retail use. The single-story building, completed in 2024, features three suites, with a minimum divisible space of 1,488 square feet and a maximum contiguous space of 3,365 square feet currently available. A significant portion of the building, totaling 3,365 square feet, is immediately available for lease. The property benefits from a strong anchor tenant strategy, with a national chain occupying a west end-cap suite and a regional chain tenant leasing the east end-cap suite. This provides excellent visibility and synergy for potential tenants. The property is situated in Auburn, Indiana, offering convenient access to local amenities and a thriving community. The lease rate is $25 per square foot, NNN. This presents a unique opportunity to secure prime commercial space in a newly constructed building with established tenants. The property's modern design and prime location make it an attractive option for businesses seeking a high-quality space in a desirable market. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,969,385
    Hospitality
    $1,803,946
    Educational
    $1,500,862
    Medical
    $1,552,479
    Retail
    $2,334,674
525 7Th St, Auburn, Indiana

Location Insight

City
Auburn
County
Dekalb
State
Indiana
Latitude
41.3665
Longitude
-85.065
CBSA code
12140
CBSA name
AUBURN, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$437
$18,300
-
$18,300
-
$18,300
-
$18,300

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