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1275 U.S. 31 North
Greenwood, IN 46142
Asking Price
$1.90M
Asset Type
Bank Retail
Class
Class B
What's Special
4,535 sf freestanding former bank branch on a 0.67-acre outlot <p>Located within Greenwood Park Mall with prominent US 31 frontage, Excellent visibility with 40,970 average daily traffic count, Three drive-thru lanes plus dedicated ATM lane, Existing vault with safety deposit boxes and secure safe deposit room, Well-appointed interior featuring: Ten private offices, conference room, and kitchen/break area, 20 on-site parking spaces.</p><p></p><p>Also available for lease</p>
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NOI
$80,000
Cap Rate
4.21%
DSCR
0.71
Underwater
Cash-on-Cash
-5.75%
Monthly Payment
$9,400.163
Annual Cash Flow
$-32,801.96
