1011 N 13th Street

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1011 N 13th Street

Decatur, IN 46733
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Retail | 7,198 SqFt <ul><li>​3.4-Acre Site Divisible for Outlot, Single-Tenant, or Multi-Tenant Development</li><li>​Signalized Hard-Corner Location with more than 20,000 Vehicles Per Day Combined</li><li>​Approximately 290 Feet of Frontage along US-27 / N 13th Street</li><li>​Existing 7,198 SF Restaurant Building Offers Reuse or Redevelopment Potential</li><li>​Permitted for a Range of Commercial Uses, including Convenience Store/Fuel, QSR, Retail, and Medical</li><li>​Located across from Nuttman Park, Featuring 7

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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

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