Coliseum Plaza

Investment Highlights

  • Value Add Opportunity
  • Below Market Rents
  • Class “A” Construction
  • Convert Leases to NNN
  • Short Lease Terms Provide Opportunity to Convert to Market Rents
  • 49% of Center Expires in 2017
  • 180,000+ People Within 5 Miles
  • Located Adjacent to the Northcrest Shopping Center
  • Tenants Include: Kohl’s, Best Buy, TJ Maxx, Old Navy, Ulta, Office Depot
  • Adjacent to The Coliseum ( Hockey & Basketball Arena)
  • Half Mile from Glenbrook Square Mall (The Largest Enclosed Mall in Indiana)
  • Traffic Counts:33,000 Cars/Day

Offering Summary

  • Price: $4,000,000
  • Cap Rate: 9.36%
  • GLA: 84,560 Sq. Ft.
  • Price Per Square Foot: $47.30
  • Occupancy: 96%
  • Site Area: 8.54 Acres

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