116 S Franklin St, Brazil, IN 47834
Turn key office or retail space available for sale.
- Added:
- Mar 11, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 5 at 11:45 am
Property Features for 116 S Franklin St
General Information
- Standard status
- Active
- Size
- 768 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1991
Listing office Berkshire Hathaway HomeServices Newlin-Miller, REALTORS (812) 249-6623
Listing date Mar 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Newlin-Miller, REALTORS
HighLights
- Turn Key Office or Retail Space
- Year Built: 1991
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.1k | $14.40 |
| − Vacancy | −$1.8k | −$2.30 |
| EGI | $9.3k | $12.10 |
| − OpEx | −$2.3k | −$3.02 |
| NOI | $7.0k | $9.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brazil
- County
- Clay
- State
- Indiana
- Longitude
- -87.128174
- Latitude
- 39.52138
