East Thompson Shopping Center

Investment Highlights

  • New 120,000 Square Foot Kroger Marketplace Across the Street
  • Stabilized (95% Occupied)
  • Minimal Near Term Lease Rollover
  • Priced Below Replacement Cost
  • Low Cost Per Square Foot ($67.28/sf)
  • Value Add Opportunity
  • Below Market Rents
  • Easy Ingress & Egress
  • Signalized Entrance
  • Dense Residential Neighborhood
  • Near I-465 Highway Exit

Offering Summary

  • Price: $4,300,000
  • CAP: 9.41%
  • Occupancy: 92%
  • GLA: 66,889 Square Feet
  • Site Area: 9.889 Acres
  • Cost Per Square Foot: $64.29

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