Center Pointe Office Complex


Centre Pointe
125 N. Weinbach Ave. Evansville, IN 47711

Office

Contact: Scott Hyatt, CCIM, CSM
Building/Unit Size: 32,600 SF
Gross Building Area: 32,600 SF
Total Land Size: 2.52 AC
Sale Price: $1,990,000
Price/SF: $61.04
Cap Rate: 8.78%
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Description

Center Pointe Office Complex consists of eight (8) separate buildings situated in a park like setting. The project encompasses 32,600 square feet of space with such tenants as Planned Parenthood, Regent Promotions, Hanger Resources and Merry Maids. The buildings are wood frame construction with brick veneer with separate electrical and gas for all tenants.

Centrally located in the City of Evansville within close proximity to schools, restaurants/shopping/entertainment, a diverse employment base and easy access to all major roadways and corridors serving the market.

Finances

Gross Operating Income: $252,937
Net Operating Income: $174,722
Actual or Proforma Year: Actual

Property Details

Property Use Type: Investment,
Property Status: Existing
County: Vanderburgh
Parcel: 82-06-22-016-037.001-027; 82-06-22-016-039.001-027
Zoning: C-4
Tenancy: Multiple Tenants
Total Number of Buildings: 8
Total Stories: 1
Year Built: 1991
Construction/Siding: Brick,
Parking Type: Surface
Part of Planned Development: No
Flood Plain: No
Office Class: Class B

Map

125 North Weinbach Avenue, Evansville, IN, USA

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