Apple Center
Property Type: Retail | Property Status: Sold
Property Details
Price: $2,850,000
CAP Rate:
Square Feet:
Tenancy Type: Mixed
Lease Type: NNN
Location Info
Address: 7844 State Route 66
City: Newburgh
State: IN
Zip: 47630
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the grocery anchored, Apple Center located in Newburgh, Indiana. Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the owner, a private investment group out of Atlanta, Georgia, while the buyer was a private investment group out of Brooklyn, New York. The sale was for $2,850,000, representing 90% of the list price and a 9.44% CAP rate.
Details