Ruoff Home Mortgage Building NN

Investment Highlights

  • 5-Year Initial Term 7 5-Year Option with 14% Increased Rental Rate
  • Corporate Guaranteed Lease
  • Located on Main Retail Thoroughfare with Excellent Visibility
  • Traffic Counts: 7,100 Vehicles/Day
  • Two Pints of Ingress/Egress
  • NN Lease (Landlord Only Responsible for Roof/Structure)
  • No Management Responsibility
  • Tenant Heavily Invested in Interior Buildout
  • Greencastle is Home to Depauw University
  • Near Wal-Mart Distribution Facility
  • $64,500 Average HH Income

Offering Summary

  • Price: $475,000
  • CAP: 8.49%
  • Occupancy: 100%
  • GLA: 1,808 Square Feet
  • Site Area: 0.87 Acres
  • Cash on Cash: $12.8

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