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232 W Pearl St
Jonesboro, IN 46938
Asking Price
$2.20M
Asset Type
Manufacturing Industrial
Class
Class B
What's Special
Industrial | 43,380 SqFt <ul><li>Total building SF - 43,380 SF; contains 73,740 SF of fenced area</li><li>Approx. 1,200 SF of office on ground level; several offices on the second floor</li><li>Ceiling height clearance 19-21 ft at eaves; 21-23 ft at peak; interior truck dock area 21 ft 6 in clearance</li><li>3 interior docks; 4 overhead doors</li><li>Elecrical - 3,000 amp; two 2,000 kVA transformers with 480 volts</li><li>Fully sprinklered building with wet system; dry system in the dock area</li><li>Excess land
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
