INVESTMENT SUMMARY
200 S Washington St. Crawfordsville, IN 47933
-
TypeOffice
-
Price$1,300,000
-
CAP Rate9.11%
-
NOI$118,431
-
Building Size26,013 SF
-
Occupancy88.8%
-
StatusOFF MARKET
CONTACT BROKER
Paul Z. Matysek, CCIM
T: 310.405.0902 paul@matysekinvestment.com
CHASE BANK OFFICE BUILDING
Three Story Building
INVESTMENT HIGHLIGHTS
- Above-market cap rate
- 6+ years remaining on Chase Bank lease term
- Chase Bank holds in excess of $123MM in deposits
- Downtown image and convenience
- Tenant mix includes local Chamber of Commerce, 5 other city agencies and a college Center for Innovation, Business and Entrepreneurship.
- Property features a basement meeting room, tenant secured storage areas and utilities access.
- 50 miles NW of Indianapolis via interstate 74.
- Ample, secured parking on 2 off-street lots