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1435 West 25th Avenue
Gary, IN 46407
Asking Price
$948K
Cap Rate
10.75%
Asset Type
Convenience Store Retail
Class
Class B
What's Special
Retail | 10.75% CAP | 13,690 SqFt <ul><li>2 Tenant Family Dollar Building</li><li>10.75% Cap Rate</li><li>Recession Resistant Tenant</li><li>Low Price per/sf at $69</li><li>Upside with second tenant month to month (current rent $4/sf)</li><li>One block from Walgreens and national retailers</li><li>Priced at $69/sf well below replacement cost</li><li>Upside Opportunity with month to month tenant</li><li>Located in proximity to National Retailers</li><li>Tenants paying Low rent/sf</li><li>Family Dollar occupied since 20
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NOI
$80,000
Cap Rate
8.44%
DSCR
1.42
Strong
Cash-on-Cash
8.34%
Monthly Payment
$4,690.187
Annual Cash Flow
$23,717.759
