400 Oak St Winchester, IN 47394-2225
This exceptional investment opportunity presents a beautifully renovated 3,000-square-foot office building in Winchester, Indiana. Located at 400 S Oak St, 47394, this single-story property boasts a prime location with high visibility near US Highway 27 and ample parking. The building features a gross lease with a corporate guarantee, ensuring a secure and stable income stream. The current lease term is 10 years, with a remaining term of 10 years, providing long-term financial stability. The property is currently 100% occupied, with an occupancy date of September 30, 2024. Completely renovated in 2024, this versatile space is suitable for various office uses, including executive, medical, and traditional office settings. The building offers a compelling 8.00% capitalization rate, making it an attractive investment for discerning buyers. This is a single-unit property with a strong tenant profile and a significant remaining lease term, promising consistent returns. The property's excellent location and recent renovations combine to create a truly exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.