(2)Springleaf - LoopNet
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Available For Sale Single Tenant Net Leased Class A / CBD / Office Property Located in Opportunity Zone 221 N.W. 5th St. & 409 Ingle St. Evansville IN 47708 Gross Building Size: 32,271+- SF Net Leasable Area: 27,297 +- SF Current Lease Term: 5+ years Tenant: Jackson Kelly, PLLC Occupancy: 100% Cap Rate: 8.74% Class of Space: A Census Tract : 18163001800 Total Land Size: 1.04 + - acres Zoning: C-3 & C-4 Roof: Rubber Membrane (still under warranty) Lease Type: NNN Parking: 73 surface spaces Building Construction: Steel frame & masonry Initial Tenant Occupancy: 2014 Year Built: 1909 / Renovated in 1994 Excellent 1031 property or passive investment asset. Triple net leased property with credit tenant which has shown long term commitment to the property. Property is located in a Evansville Indiana’s, vibrant downtown submarket / central business district. Over $169,000,000 of new development has taken place under half a mile of the subject property within the past 5 years. Property is located within a Qualified Opportunity Zone. Contact Listing Agent for additional information. Offering Memorandum is available upon execution of Nondisclosure Agreement. Tenant is not to be disturbed. For additional information, contact: H.A.L. Watkins Hahn Kiefer Real Estate Services (O) 812.477.6980 ( C ) 270.860.6029 [email protected]
Transcript of (2)Springleaf - LoopNet
Available For Sale Single Tenant Net Leased
Class A / CBD / Office Property Located in Opportunity Zone
221 N.W. 5th St. & 409 Ingle St. Evansville IN 47708
Gross Building Size: 32,271+- SF
Net Leasable Area: 27,297 +- SF
Current Lease Term: 5+ years
Tenant: Jackson Kelly, PLLC
Occupancy: 100%
Cap Rate: 8.74%
Class of Space: A
Census Tract : 18163001800
Total Land Size: 1.04 + - acres
Zoning: C-3 & C-4
Roof: Rubber Membrane (still under warranty)
Lease Type: NNN
Parking: 73 surface spaces
Building Construction: Steel frame & masonry
Initial Tenant Occupancy: 2014
Year Built: 1909 / Renovated in 1994
Excellent 1031 property or passive investment asset. Triple net leased property with credit tenant which has shown long term commitment to the property. Property is located in a Evansville Indiana’s, vibrant downtown submarket / central business district. Over $169,000,000 of new development has taken place under half a mile of the subject property within the past 5 years. Property is located within a Qualified Opportunity Zone. Contact Listing Agent for additional information. Offering Memorandum is available upon execution of Nondisclosure Agreement. Tenant is not to be disturbed. For additional information, contact:
H.A.L. Watkins
Hahn Kiefer Real Estate Services
(O) 812.477.6980 ( C ) 270.860.6029
(2)Springleaf
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221 NW 5th St
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409 Ingle St.
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