631 E State Road 32
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631 E State Road 32
13,350 SF 100% Leased Retail Building Westfield, IN 46074 £5,164,170 (£387/SF) 6.63% Net Initial Yield
Executive Summary
Located in the Heart of High-Growth Area(Westfield, IN is One of Indiana's Fastest Growing Communities).
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
13,350 SF
Year Built
2019
Price
£5,164,170
Price Per SF
£387
Net Initial Yield
6.63%
NOI
£342,579
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Land Acres
2.25 AC
Parking
71 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
327 ft on Indiana 32
PROPERTY TAXES
| Parcel Number | 29-09-02-000-004.001-015 | Improvements Assessment | £2,258,855 |
| Land Assessment | £1,100,359 | Total Assessment | £3,359,214 |
PROPERTY TAXES
Parcel Number
29-09-02-000-004.001-015
Land Assessment
£1,100,359
Improvements Assessment
£2,258,855
Total Assessment
£3,359,214
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Shannan Fletcher -
JSM Commercial
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631 E State Road 32
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