3550 West 2 Mile House Road

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3550 West 2 Mile House Road

Columbus, IN 47201
Asking Price
$950K
Cap Rate
9%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

<p><span style="color: rgba(0, 0, 0, 1)">Millman Realty Partners is pleased to present for sale The Shoppes at Two Mile House Road. The building was built in 1982. The property is situated in a retail setting along State Road 46 with close proximity to the Walmart, I-65, restaurants and banking. The center is 100% occupied and has a good tenant mix anchored by Marco's Pizza; other tenants include Ireland Home Services, Doggett Financial Services, Columbus Counseling Partners, and Comb Together

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

Location & Travel Times