Kotter Ave, 2121 / # 2283

Industrial for Sale
Catylist Listing ID: 30148641
Property Subtypes: Light Industrial, Net Leased, Warehouse/Distribution
Building Size (RSF): 10,300 SF
Gross Building Area: See Agent
Sale Price: $675,000
Unit Price: $65.53 PSF
Ceiling: 14 ft.
Docks/Doors: 1 Door
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

Great eastside warehouse/distribution property located off Old Boonville Hwy. Two tenant building. 4700 sf is leased on a NNN lease with an annual lease income of $23,700.00
5600 sf is available and has 800 sf of office space and 4800 sf of warehouse. Warehouse has 14 ft clear, 1 loading dock, 3 drive in doors, 12 ft high.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $10,016 (Annual)
Tax Value Land $98,800
Tax Value Improvements $215,800
Potential Rental Income $53,100 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-13-014-195.007-027
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,300 SF
Property Condition: Excellent
Year Built: 1999
Parking Type: Surface
Sprinklers: None
Zoning Description: M1
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,886 55,250 141,790
Median Age: 38.16 38.61 38.27
Households: 4,273 24,317 59,054
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