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Cloyd Real Estate
13160 N. US. 31
Edinburgh, IN 46124
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Property Type:
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Retail-Commercial for Sale Free-Standing Building, Street Retail, Vehicle Related |
| Building Size (RSF): |
2,310 SF |
| Sale Price: |
$180,000 |
| Unit Price: |
$77.92 Per SF |
| Building Name: |
Cloyd Property |
| Property Status: |
Existing |
| Gross Building Area (GBA): |
2,310 SF |
| Total Land Size: |
0.559 Acres |
| Sale Terms: |
Cash to Seller |
Extremely well maintained office building that has been recently remodeled and presently leased to a church. The church has approximatley one (1) year remaining on a lease and also has the Right of First Refusal on the purchase. They presently express only a possible interest in continuing to lease. The building is in great condition with a recent remodel, handicapped restrooms, paved parking, and many more amenities. Excellent visibility and accessability with lots of potential as investment or for possible user. |
| Tenancy: |
Single Tenant |
| Percent Occupied: |
100% |
| Smallest Unit Available: |
2,310 |
| Tenant Name: |
Blue River Baptist |
| SF of Space Occupied: |
2,310 |
| Current Rent (PSF): |
$6.50 |
| Lease Expiration: |
4/2011 |
| Options: |
One (1) two (2) year option to renew with a Right of First Refusal on purchase. |
| Nearest MSA: |
Indianapolis-Carmel |
| County: |
Johnson |
| Tax ID Number/APN: |
05051000500 |
| Property Use Type: |
Net Leased Investment (NNN) |
| Zoning: |
Road Retail |
| Market Type: |
Medium |
| Retail Clientele: |
General, Business, Traveler |
| Property Located Between: |
US 31 |
| Side of Street: |
East |
| Road Type: |
Highway, Highway Interchange |
| Property Visibility: |
Good |
| Street Name: |
US. 31 & I- 65 |
| Feet of Frontage: |
135 |
| Transportation: |
Highway |
| Highway(s) Access: |
Located approximately one mile from Exit 76 on I-65 with frontage on US 31. |
| Site Description: |
Extremely well maintained office building that has been recently remodeled and presently leased to a church.The building is in great condition with a recent remodel, handicapped restrooms, paved parking, and many more amenities. Excellent visibility and accessability with lots of potential as investment or for possible user. |
| Area Description: |
This building has frontage on US. 31 just north of the Edinburgh Outlet Mall and is located near a Circle K. This site has lots of potential. This site is located just North of the Edinburgh Prime Outlet Mall as well as Exit 76 on I-65 and just south of Edinburgh on US. 31. This site would make an excellent location for office as well as a roadside business. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Good |
| Year Renovated: |
2009 |
| Roof Type: |
Gable |
| Total Parking Spaces: |
20 |
| Parking Type: |
Surface |
| Heat Type: |
Electricity, Gas |
| Heat Source: |
Central, Heat Pump |
| Air Conditioning: |
Package Unit |
| Internet Access: |
Cable, DSL |
| Zoning Description: |
Roadside Retail |
| Lot Frontage (Feet): |
135 |
| Lot Depth: |
214 |
| Topography: |
Gently Sloping |
| Soil Type: |
Sandy |
| Easements: |
Ingress/Egress |
| Easements/Encumberances Description: |
Property has a shared easment on the north drive with adjacent property and also has another drive cut on the South end. |
| Land Ownership |
owned |
| Real Estate Taxes - Annual($): |
$2,551.36 |
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