BUSY SHOPPING CENTER
LOCATION: Huntington, IN 46750 DESCRIPTION: TWO ONE-STORY CINDER BLOCK BUILDINGS - 28 STORES LOT SIZE: 16.69 ACRES
BUILDING SIZE: 190,686 SQ. FT
TENANTS PAY: OWN UTILITIES.
RENT ROLL (Includes contributions): $1,450,973.00
OPERATING EXPENSES:
Real Estate Tax: $127,296.00
Insurance: $92,891.00
Electric: $18,239.00
Water: $2,804.00
Cleaning: $24,889.00
Snow Removal: $14,760.00
Misc Repairs: $425.00
TOTAL OPERATING EXPENSES: $281,304.00 NET OPERATING INCOME: $1,169,669.00 PRICE: $10,000,000.00
CAP: 11.70%
_____________________________________________________________________________
NOTES:
This property is offered subject to omissions, errors, change in price and withdrawal without notice. Inspection of property by appointment only. Do not disturb tenants.
BUSY SHOPPING CENTER LOCATION: Huntington, IN 46750 DESCRIPTION: TWO ONE-STORY CINDER BLOCK BUILDINGS - 28 STORES LOT SIZE: 16.69 ACRES BUILDING SIZE: 190,686 SQ. FT TENANTS PAY: OWN UTILITIES. RENT ROLL (Includes contributions): $1,450,973.00 OPERATING EXPENSES: Real Estate Tax: $127,296.00 Insurance: $92,891.00 Electric: $18,239.00 Water: $2,804.00 Cleaning: $24,889.00 Snow Removal: $14,760.00 Misc Repairs: $425.00 TOTAL OPERATING EXPENSES: $281,304.00 NET OPERATING INCOME: $1,169,669.00 PRICE: $10,000,000.00 CAP: 11.70% _____________________________________________________________________________ NOTES: This property is offered subject to omissions, errors, change in price and withdrawal without notice. Inspection of property by appointment only. Do not disturb tenants.
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