Plaza East | 112-130 US Highway 66 E
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Plaza East 112-130 US Highway 66 E
30,185 SF 59% Leased Retail Building Tell City, IN 47586 £821,573 (£27/SF) 4.22% Net Initial Yield
Investment Highlights
- Situated along US Highway 66 with heavy traffic count of over 18K.
Executive Summary
30,185 Square Feet of Redevelopment Opportunity. $35 Price Per Square Foot versus $250/SF Replacement Value. 40% Current Vacancy Upside. Rugged Standing-Seam Roof | Very Good Condition. Just 30 Miles from Owensboro KY | +60K Population.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
30,185 SF
Building Class
C
Year Built
1978
Price
£821,573
Price Per SF
£27
Net Initial Yield
4.22%
NOI
£34,661
Percent Leased
59%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Lot Size
2.43 AC
Zoning
C-1
Parking
105 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
449 ft on Hwy 66
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 62-18-05-200-009.000-007 | Improvements Assessment | £185,049 |
| Land Assessment | £212,983 | Total Assessment | £398,032 |
PROPERTY TAXES
Parcel Number
62-18-05-200-009.000-007
Land Assessment
£212,983
Improvements Assessment
£185,049
Total Assessment
£398,032
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Plaza East | 112-130 US Highway 66 E
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