9,026 Square Foot Retail Space For Sale @ 8165 N State Road 23
8165 N State Road 23, Walkerton, IN 46574
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Kurt M.Recommended Pro
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For Sale: $1,329,231.00; 6.5% cap rate
1st Yr NOI: $86,400.00
Size: 9,026 SF DG Prototype, Approx 1.806 acres
Lease: NNN 15 Yr Term, Five 5 Yr Options to Renew
10% Rent Increases Upon Each Renewal Option
New Lease Commences August 2016
Location: Near Koontz Lake on State Road 23
Dollar General: Corp Guaranteed Lease; S&P rating of BBB-