813 E Marion St

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813 E Marion St

Converse, IN 46919
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Corporate Guaranty | ±8.25 Years Remaining <p><strong style="color: rgba(43, 119, 252, 1)">Lease and Location Highlights</strong></p><ul><li>​<span style="color: rgba(14, 26, 52, 1)">2024 build-to-suit construction for Family Dollar </span></li><li>​<span style="color: rgba(14, 26, 52, 1)">±8.25 years remaining on an initial 10-year lease</span></li><li>​<span style="color: rgba(14, 26, 52, 1)">Four, 5-year renewal options all of which include a $5,250 ($0.50/SF) rent increase</span></li><li>​<span style="color: rgba(14, 26, 52, 1)">Corp

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Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times