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1557 Winchester Road
Decatur, IN 46733
Asking Price
$1.10M
Asset Type
Retail
Class
Class B
What's Special
Lingenfelter Building | 20,076 SF <ul><li>3 acres with 3 buildings zoned C1 in the City of Decatur</li><li>Ample front parking area, in addition to a fenced in and gated back parking lot</li><li>Multiple large overhead doors and electric hookups throughout</li><li>Office space by the front entrance to the building with offices and cubicle space</li><li>Heating and AC throughout the building space</li><li>Mezzanine space and barn in addition to 20,076 SF</li></ul>
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
