804-808 W Lincoln Ave Goshen, IN 46526

Building Details

Year Built

1956

Listing Agency Friedman Real Estate d***@freg.com Show Phone

Listed by Derek DeLaura · License #6505361820

Source Friedmanrealestate

Added: Jun 2 Checked: Jul 19 at 4:25 am

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Investment Insights

Based on property information with market context.

This NNN specialty investment is offered for sale with an active lease in place. The current lease term is set to expire on 11/30/2027, and there is a remaining one-year option period included in the lease structure. Within the option period, a 2.50% rental increase is specified, supporting predictable rental growth if exercised.

The property is located at 804–808 W Lincoln Ave in Goshen, Indiana. The tenant’s operating history is described as long-term, with Goshen Electric and Standard Electric noted in the remarks. Additional corporate context provided states that Goshen Electric/Standard Electric operates as a wholly owned subsidiary of Sonepar.

For investors seeking a cash-flow focused, NNN-style asset, the combination of an in-place lease and defined timing around expiration and option terms can simplify planning and underwriting. The lease also includes a stated rental increase tied to the option period, which may appeal to buyers looking for modest built-in upside while maintaining the security commonly associated with NNN arrangements.

Key Highlights

• NNN lease investment with lease expiration of 11/30/2027
• Includes a remaining one‑year option period under the current lease
• Option period includes a 2.50% rental increase

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FAQs

What type of property is this?

NNN property - NNN investment featuring a lease scheduled to expire in 2027 with a remaining one-year option period.

Where is this nnn property located?

The property is located at 804-808 W Lincoln Ave Goshen, IN.

What is the asking price?

The asking price for this property is $790,000.

What are key features of this property?

This property features: NNN lease investment with lease expiration of 11/30/2027; Includes a remaining one‑year option period under the current lease; Option period includes a 2.50% rental increase