512 Green Blvd | Aurora, IN 47001
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- LoopNet Team
512 Green Blvd
Aurora, IN 47001
Walgreens Strong Location 8.16% CAP Rate · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Six (6) Years Remaining on Original 25-year Term with an Absolute Net Lease – Zero Landlord Responsibilities
- Opportunity for Positive Leverage - 8.42% Cash on Cash Return Potential
- Located Near Signalized Intersection of Sunnyside Avenue and Green Blvd (US-50 Hwy) with over 73,000 Cars Per Day
- Corporate Guarantee Lease with 10 x 5-year Options for Maximum Term Through 2081
- No Internal Competition Within the Western Half of a 40-Mile Radius of the Site – Ohio River Adjacent
- Strong Area Demographics-Population of 58,958 People within a 10-Mile Radius with Average Household income of $101,042 Annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,212 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
3.07 AC
Zoning
Commercial
Parking
60 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
280’ on Green Blvd
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Number | 15-07-29-401-063.000-003 | Improvements Assessment | $676,300 |
| Land Assessment | $527,400 | Total Assessment | $1,203,700 |
PROPERTY TAXES
Parcel Number
15-07-29-401-063.000-003
Land Assessment
$527,400
Improvements Assessment
$676,300
Total Assessment
$1,203,700
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