Southgate Center

Investment Highlights

  • Strong Credit Anchor Tenants
  • Value Add Opportunity
  • 20% Vacant
  • Below Market Rents
  • Priced Well Below Replacement Cost
  • Includes Taco Bell Ground Lease
  • Includes Undeveloped Outlot Pad
  • Includes Taco Bell Ground Lease
  • Above Market Cap Rate For Taco Bell
  • Hard Corner Location
  • Adjacent to University of Indianapolis
  • Multiple Point of Ingress and Egress
  • Ample Parking
  • Strong Traffic Counts

Offering Summary

  • Price: $5,000,000
  • CAP: 9.23%
  • GLA: 73,806 Square Feet
  • Pice/SF: $67,75
  • Site Area: 9.006 Acres
  • Occupancy: 80%

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