Congress Ave, 320 N / #2303

Industrial for Sale
Catylist Listing ID: 30274885
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 37,240 SF
Gross Building Area: See Agent
Gross Land Area: 3.90 Acres
Sale Price: $1,150,000
Unit Price: $30.88 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2018

Overview / Comments

Great east side location. Warehouse located just off the Lloyd Expressway and visible from Stockwell Road and the Lloyd Expressway. Property consists of a nice mix of office, warehouse and 3 sided storage broken down as follows:

New 5 year lease with National tenant - (3) 5 yr. options, $120,000 annual rent, NNN lease, 9% cap

Contact listing agent to show.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-23-015-159.004-027
Zoning: M-2
Property Located Between: Stockwell Rd. and Congress Ave.
Tenancy: Single Tenant
Total Number of Buildings: 4
Number of Stories: 1

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,635 85,063 133,692
Median Age: 40.76 37.69 38.47
Households: 3,553 36,540 56,696
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