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Former Starbucks Building NEW 2007

1700 Sq Ft of Space For Sale or Lease:


Former Starbucks Building NEW 2007
1902 S. Memorial Drive

New Castle, Indiana, 47362
United States


Price $ 445000
Cap Rate 0%
Commision Split 0%
Lease Type:Negotiable
Min Lease Rate:2
Max Lease Rate:3
Taxes & Operating Expenses:0
Min Lease Rate:2
Minimum Lease Term
Description: Amazing opportunity for purchase of a like new former Starbucks restaurant at a busy intersection in New Castle, IN. This is a rare opportunity to purchase at a price well below the market and assessed value. I have a contract to complete this purchase in early June and am willing to assign the contract or get a financial partner for the purchase and resale or lease. The assessed value is around 900K and the total cost for land and building was appx $1.7 million. This property can be bought at less than 50% of the assessed value or a lease can be negotiated. Also willing to look at a financial partner to complete my contract or will look to assign my contract for a nominal amount. Transaction must be completed by early June 2009.
Highlights:

Property Type
Primary Use Retail
Total Building Size 1700
Number of Floors 1
Year Built 2007
Contruction Stage Existing
Total Lot Size 0 Acres
Building Class Class A
Available Parking None
Space Availability Negotiable
Space Available Sq Ft 1700
Min Divisible Sq Ft 1700
Max Contiguous Sq Ft 1700
Is This a Sub Lease No

Primary Contact Joe Huffman
Company Name JoCo Investments, LLC
Phone 765 686 0624
Email jcjchuffman@yahoo.com

Posted By Joe Huffman
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