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Property profile

400 Poplar St Terre Haute, IN 47807

OFF-MARKET
Office Spaces
View Sample
Built 1987

Property summary

AI-generated overview

This exceptional 2100-square-foot coworking space is ideally situated in Terre Haute, Indiana's vibrant downtown business district at the corner of 4th and Poplar Streets, offering excellent visibility from 3rd Street. Built in 1987, this single-tenant office space, zoned C-5, features eight individual offices, a spacious reception area, and a dedicated conference room, making it perfect for a variety of professional uses, including law, medical, or insurance practices. The second-floor location is easily accessible via elevator and is handicap-accessible. Ample parking is available for tenants and clients. The current monthly base rent is $3,987. Additional costs include $5.78 per square foot for NNN expenses (taxes, insurance, and common area maintenance), which also covers all utilities. The property's current tenants include Culp Ventures LLC, Edward Jones, and Holbert Phipps LLP (a CPA firm), demonstrating its desirability and strong location. This is a rare opportunity to secure a well-established, versatile office space in a thriving downtown area.

Property profile

Verified
Property type Office Spaces
Year built 1987

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Financial Advisor
  • Physician

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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