Investment Highlights
- Kroger Anchored Center With Outstanding Sales
- Kroger Sales: $673/sf (Increasing Annually)
- 76% National Tenants
- Below Market Rents
- Priced Below Replacement Cost
- Upside of Potential Through Leasing 15% Economic Vacancy & Increasing rents
- Located in Dense Residential Neighborhood
- High Barriers to Entry
- Adjacent to Highway 35 Exit
- Strong Traffic Counts: 26,400 cars/day on Smithville Rd.
Offering Summary
- Price: $6,575,000
- CAP: 7.49%
- Occupancy: 91%
- GLA: 88,700 Square Feet
- Site Area: 9.014 Acres
- Cost Per Square Foot: $74.12
Interested in this property? Call us at 317-844-0700 or email us.