Investment Highlights
- Strong National Anchor Tenants
- Bed Bath & Beyond
- Dress Barn
- Long Term Anchor Leases
- Scheduled Rent Increases
- NNN Leases
- Recently Redeveloped in 2013
- 90% Occupied
- Priced Below Replacement Cost
- Two Outlot Buildings
- Direct Frontage on Highway 281
- Located on Main Retail Corridor
- Adjacent to Conestoga Mall
- Adjacent to Wal-Mart; Menards; Dicks; Shopko
- Strong Traffic Counts
- 22,000 Cars/Day on Hwy 281
- 7,000 Cars/Day on State St
Offering Summary
- Price: $9,800,000
- CAP: 8.01%
- Occupancy: 90%
- GLA: 79,715 Square Feet
- Site Area: 9 Acres
- Lease: NNN Leases
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- New Access Road To Out-Lot Pad Site
Interested in this property? Call us at 317-844-0700 or email us.