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3633 25th St

4,542 SF 100% Leased Retail Building Columbus, IN 47203 £637,062 (£140/SF) 8% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • High Visibility
  • Fully Leased
  • Well Maintained

EXECUTIVE SUMMARY

Now available for sale is a very nice multi-tenant office building.  This building consists of two suites and an outbuilding totaling 4,542 SF. Utilities are sub-metered.  The building has been well maintained and is in very good condition.  Situated on 25th Street, the property provides excellent visibility for tenants with traffic counts of 7,300 vehicles per day. Cap rate of 8%

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,542 SF
Building Class
C
Year Built
2005
Price
£637,062
Price Per SF
£140
Net Initial Yield
8%
NOI
£50,965
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.21
Lot Size
0.49 AC
Zoning
CC - Commercial: Community
Parking
21 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
170 ft on 25th St
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NEARBY MAJOR RETAILERS

Old National Bank
Planet Fitness
Five Guys
Starbucks
Noodles & Company
Texas Roadhouse
Pure Barre
Anytime Fitness
Chili's Grill & Bar
Steak ‘n Shake

PROPERTY TAXES

Parcel Number 03-96-17-410-000.200-005 Improvements Assessment £159,134
Land Assessment £165,735 Total Assessment £324,869

PROPERTY TAXES

Parcel Number
03-96-17-410-000.200-005
Land Assessment
£165,735
Improvements Assessment
£159,134
Total Assessment
£324,869
(317) 224-7122

CONTACT

  • Listing ID: 34964247

  • Date on Market: 27/02/2025

  • Last Updated:

  • Address: 3633 25th St, Columbus, IN 47203

The Retail Property at 3633 25th St, Columbus, IN 47203 is currently available for sale. Contact Breeden Commercial, LLC for more information.

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3633 25th St
(317) 224-7122 x

3633 25th St

Tara James

(317) 224-7122

(317) 224-7122

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