SHERWIN-WILLIAMS & KEY BANK ATM

Description

PROPERTY is a 5,000 SF building on 1.10 acres located on State Route 23 in Granger, IN.

TENANT RESPONSIBILITIES: RE Taxes, CAM and Insurance

LANDLORD RESPONSIBILITIES: Roof, Structure, Unexposed Utilities and Parking Lot Repairs

Area Description

AREA TENANTS INCLUDE: McDonald's, Subway, BP, Amoco, KFC and Goodwill

PROPERTY is located near the intersection of SR-23 and Cherry Road in Granger, IN. Site is about 2.4 miles from I-80.

GRANGER is a suburb of South Bend, IN about 9.1 miles Northeast of downtown. It's in St. Joseph County and located approximately 31 miles Southwest of Kalamazoo, IN and 101 miles from Chicago, IL. Granger's population is 28,284 at the 2000 census.

Business Notes

LEASE GUARANTOR: Sherwin-Williams Paints
S & P RATING: A
OUTLOOK: Positive (02/03/1997)
TRADE SYMBOL: NYSE:SHW

Contacts

  • Mr. Gregory Fitzgerald CCIM
    President
    Phone (678) 880-3270 Ex. 101
    Fax (678) 807-1927
    E-Mail gfitz@tri-oak.com

Company

Tri-Oak Commercial Group
Retail Investment Brokerage
2920 Marietta Highway
Suite 126
Canton, GA 30114
Phone (678) 880-3270
Fax (678) 807-1927
e-Mail info@tri-oak.com
Commercial Retail Sale
13080 State Road 23
Granger, IN 46530


County
St. Joseph
Building StatusExistingTotal SF5,000Number of Floors1Lot Size1 SFYear Built2006TenancyMulti Tenant
Sale Price
$1,655,000.00

Date Sold
Oct 01, 2007

Tenants

  • Key BankMonthly Income$800.00
  • Sherwin-WilliamsSquare Footage5,000Monthly Income$8,517.00
Click for Financials Sheet

Financials


Annual NOI$111,804.00

Click for Financials Sheet
The above information has been secured by sources deemed to be reliable, Tri Oak makes no representations or warranties expressed or implied as to the accuracy of the above information. References to square footage or age are approximate. Purchaser/User must verify the accuracy of the above information and bears all risks for any inaccuracies. Above information is subject to verification and no liability for errors or omissions are assumed.