$3,300,000
BUILDING ONLY FOR SALE, 6.30% CAP RATE/ Triple-net lease with the owner of 59 Planet Fitness Center in the U.S./ Present lease is $17,334. per month Triple-Net and renews in October 2029 and every 5 years after with a 5% increase, present annual lease is $208,010. Triple-Net for a cap rate of 6.30% I have checked with a couple CPA's and since the Assessed Value of the Building is 98.7% of the Total Assessed Value. 98.7% of the total Purchase Price could be the basis for calculating Depreciation. Check with your own CPA. Depending on the Buyer's tax bracket, it could be quite an annual income tax savings.
US 27 South to Tillman Road and turn East or S. Anthony Boulevard south to Tillman Road and turn West
MLS # | 202421905 |
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Date Listed | 2024-06-11 |
Status | Active |
Property Type | Commercial |
Property SubType | Health Center |
New Construction | No |
Type | Health Center |
Annual Taxes | $8,946.69 |
Year Taxes Payable | 2024 |
Year Built | 1968 |
Virtual Tour | propertypanorama.com » |
Days on Market | 198 |
Den | 1 × 22200 | Level |
3rd Bedroom | 2 × 1 | Level |
Construction | Health Center |
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Lot Size | 20,038 sq ft |
Acreage | 0.46 Acres |
Lot Dimensions | 63.50x44.69x185x108.5x184.60 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | None |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46816 |
Assoc. Dues | $0.00 |
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MLS# 202421905
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Ed McCutcheon
CENTURY 21 Bradley Realty, Inc
Cell: 260-760-4655
Listing updated November 25, 2024 at 2:45 pm
Last checked 14 minutes ago