7528 S Anthony Boulevard
Fort Wayne, IN 46816
#202421905
Description
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.
Property Details
- Property SubtypeHealth Center
- CountyAllen County
- MLS #202421905
- MLS #202421905
- Cost3300000
- Year Built1968
Location
Legal
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Last Updated: . Source: IRMLS
Listing Courtesy
Listing Agent: Ed McCutcheon, Phone: (260) 760-4655, Email: ed@edmccutcheon.com
Listing Office: CENTURY 21 Bradley Realty, Inc
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