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3777 Haley Dr

14,796 SF 100% Leased Office Building Newburgh, IN 47630 £681,188 (£46/SF) 7.27% Net Initial Yield

Investment Highlights

  • Significantly below replacement cost with stable cash flow
  • Prime visibility off State Road 261
  • Below market NNN rent
  • Roof replaced in 2023

Executive Summary

Presenting an exceptional investment opportunity at 3777 Haley Drive, Newburgh, IN. This asset is being offered well below replacement cost with stable cash flow and at NNN rent significantly below market. This 14,796 SF office building is strategically located with excellent visibility off State Road 261. Zoned C-4 and fully occupied, this single tenant property features a sticky tenant with a 7+ year renewal signed in 2024. Don't miss out on this prime asset in the desirable Newburgh area.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
14,796 SF
Building Class
B
Year Built
1998
Price
£681,188
Price Per SF
£46
Net Initial Yield
7.27%
NOI
£49,505
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
14,796 SF
Building FAR
0.20
Lot Size
1.69 AC
Zoning
C-4 - Commercial
Parking
45 Spaces (3.04 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Reception
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 87-12-23-303-006.000-019 Improvements Assessment £299,485
Land Assessment £552,317 Total Assessment £851,802

PROPERTY TAXES

Parcel Number
87-12-23-303-006.000-019
Land Assessment
£552,317
Improvements Assessment
£299,485
Total Assessment
£851,802
(812) 499-8770

Contacts

  • Listing ID: 33582778

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 3777 Haley Dr, Newburgh, IN 47630

The Office Property at 3777 Haley Dr, Newburgh, IN 47630 is currently available for sale. Contact SVN | The Martin Group for more information.

Nearby Listings

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3777 Haley Dr, Newburgh, IN for sale Building Photo- Image 1 of 6
Building Exterior
3777 Haley Dr, Newburgh, IN for sale Building Photo- Image 2 of 6
Building Exterior
3777 Haley Dr, Newburgh, IN for sale Building Photo- Image 3 of 6
Building Exterior
3777 Haley Dr, Newburgh, IN for sale Interior Photo- Image 4 of 6
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3777 Haley Dr, Newburgh, IN for sale Interior Photo- Image 5 of 6
Interior - Reception

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Connect with us

© 2024 CoStar Group

3777 Haley Dr
(812) 499-8770 x

3777 Haley Dr

1/2

Matt Kiefer

(812) 499-8770

(812) 499-8770

Lance Luigs

(812) 471-2500

(812) 471-2500

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