631 E State Road 32
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631 E State Road 32
13,350 SF 100% Leased Retail Building Westfield, IN 46074 $6,600,000 ($494/SF) 6.63% Cap Rate
Executive Summary
Located in the Heart of High-Growth Area(Westfield, IN is One of Indiana's Fastest Growing Communities).
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
13,350 SF
Year Built
2019
Price
$6,600,000
Price Per SF
$494
Cap Rate
6.63%
NOI
$437,828
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.25 AC
Parking
71 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
327 FT on Indiana 32
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 29-09-02-000-004.001-015 | Improvements Assessment | $2,886,900 |
| Land Assessment | $1,406,300 | Total Assessment | $4,293,200 |
PROPERTY TAXES
Parcel Number
29-09-02-000-004.001-015
Land Assessment
$1,406,300
Improvements Assessment
$2,886,900
Total Assessment
$4,293,200
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631 E State Road 32
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