Fully (long term) leased multi tenant building now offered for the first time in Highland, Indiana. Located with high visibility and 385 ft. frontage on Cline Ave. Excellent investment with cap rate nearing 15%. This has proven to be a stable cash flow asset. This offering is for 5 contiguous units with separate pin numbers, separate tenant paid utilities. Added bonus: they have been set up as separate condominium units for future flexibility. Business type use. Handicap lift elevator. Added bonus: Only 64.31% of exterior charges are attributed to these 5 units. The POA pays ground maintenance, scavenger, parking lot lights, elevator lift, commercial exterior insurance.
Coldwell Banker Res. Brokerage.
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Listing information last updated on September 23rd, 2019 at 2:01am CDT.