3777 Haley Dr Newburgh, IN 47630-2608

This exceptional investment opportunity presents a 14,796-square-foot Class B executive office building located at 3777 Haley Drive, Newburgh, Indiana, 47630. The property, built in 1998 and renovated in 2024, sits on a 1.69-acre lot (APN: 87-12-23-303-06.000-019) and boasts excellent visibility from State Road 261. Currently 100% occupied by a single tenant under a NNN lease, this property offers a stable cash flow with a net operating income (NOI) of $62,500 and a 7.27% cap rate. The asking price is $860,000, translating to $58.12 per square foot. The tenant recently signed a 7+ year renewal in 2024, demonstrating strong tenancy. The building features 9,300 square feet on the first floor and benefits from a new roof installed in 2023. The property is zoned C-4, providing flexibility for future use. This offering presents a compelling opportunity to acquire a well-maintained, high-performing asset significantly below replacement cost with below-market rent. The property's strong tenant history and favorable lease terms make it an attractive investment for discerning buyers.