1101 N Royal Ave

Office for Sale
Catylist Listing ID: 17934928
Property Subtypes: Office Building
Building Size (RSF): 4,260 SF
Gross Building Area: See Agent
Gross Land Area: 0.70 Acres
Sale Price: $525,000
Unit Price: $123.24 PSF
Ceiling: 10 ft.
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/8/2018

Overview / Comments

Currently one tenant. Building was originally built as a multi-tenant office building. Rapid growth area with great visibility. Current tenant, Best Way Counseling. NNN lease. Tenant pays own gas/electric and sewer/water/trash. Expansion capability for building or parking. Tenant did extensive interior build out.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-24-016-129.003-027
Zoning: C-4
Market Type: Medium
Road Type: Paved
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,260 SF
Year Built: 2006
Construction/Siding: Brick
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,387 70,356 133,942
Median Age: 35.31 38.35 38.36
Households: 3,171 30,909 56,200
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