McCasland Plaza | 5957-5991 Mccasland Ave
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McCasland Plaza 5957-5991 Mccasland Ave
9,045 SF 100% Leased Retail Building Portage, IN 46368 $728,000 ($80/SF)
Executive Summary
6 unit office/retail building with facade upgrade and 80% new roof. Two units have leases into 2027 and two expire in May of 2025. Two remaining units are
currently vacant. Dedicated off street parking located 750' south of Indiana Toll Road exit at Willowcreek.
currently vacant. Dedicated off street parking located 750' south of Indiana Toll Road exit at Willowcreek.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,045 SF
Building Class
C
Year Built
1961
Price
$728,000
Price Per SF
$80
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
0.77 AC
Zoning
OC - Office Commercial
Parking
46 Spaces (5.09 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
1 of 11
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McCasland Plaza | 5957-5991 Mccasland Ave
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