4501-4503 Airport DR, Valparaiso, IN 46383
4501-4503 Airport DR, Valparaiso, IN 46383
4501-4503 Airport DR, Valparaiso, IN 46383
23
$1,850,000
$1,950,000
5.1%
Est.Price: ?

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19,812 SqFt

4501-4503 Airport DR Valparaiso, IN 46383

Est. payment /mo
SOLD DATE : 12/22/2021

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Key Details

Sold Price $1,850,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 19,812 sqft

Price per Sqft $93

Subdivision Airport-Business & Industrial Park

MLS Listing ID 470145

Sold Date 12/22/21

Year Built 2018

Lot Size 1.620 Acres

Acres 1.62

Lot Dimensions 1.62A

Property Sub-Type Retail

Property Description

7.6 Percent CAP RATE. Excellent investment. BRAND NEW BUILDING already 100% OCCUPIED Flex space off U.S. Highway 30 and next to the Porter County Regional Airport. Approximately 20,000 square feet, consisting of 11 tenants with the majority leased through 2023 and 2024. All leases are NNN. Current annual revenue is $149,000. Large parking lot that can accommodate large truck deliveries. This building is clean and well constructed, A MUST SEE.

Location

State IN

County Porter

Zoning Industrial

Interior

Interior Features Elevator

Heating Ceiling, Natural Gas

Fireplace N

Exterior

View Y/N true

View true

Others

Tax ID 641033101004000029

Acceptable Financing NRA20240111125242750479000000

Listing Terms NRA20240111125242750479000000

Financing Other

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Listed by Century 21 Alliance Group • Nicholas F Sommer
Bought with Austgen Real Estate, LLC

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