TITLE:
Family Dollar Marion, Indiana
CONTROL:
Exclusive
VALUE:
$795,000
LOAN:
$88,000
EQUITY:
$707,000
TYPE:
Retail/Commercial
HAVE:
Family Dollar, long time location in Marion Indiana. Long term remaining in lease.
ADDRESS:
3201 S Adams St, Marion, Indiana
BENEFITS TO NEW OWNER:
Long time credit tenant, NNN, steady mailbox money.
GROSS SCHEDULED INCOME:
$71,155 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$71,155
EXPENSES:
$0
NOI:
$71,155
DEBT SERVICE:
$14,577
CASH FLOW:
$56,578
CAP RATE:
8.95%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$89,500
$1,215
7%
12/01/2027
No
BENEFITS SOUGHT:
Step up to larger property, more depreciation.
CAN ADD:
Other property.
COUNSELOR:
Stephan Kline
Kline Properties
1910 E Washington St Ste B
Indianapolis, Indiana, 46201
