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Investment Highlights
- Grocery Anchored Retail
- Brookshire Guaranteed Lease
- Strong Historical Sales
- Value Add Opportunity
- Potential Lease up of 13% Vacancy
- Includes 7,200 Sq. Ft. Vacant Building
- Priced Below Replacement Cost
- Hard Corner Location
- Low Cost Per Square Foot
- Located on Main Retail Corridor
Offering Summary
- Current NOI: $295,314
- Pro Forma NOI: $332,280
- Occupancy: 87%
- Cost Per Square Foot: 7.74%
- GLA: 54,918 Square Feet
- Site Area: 6 Acres
Interested in this property? Call us at 317-844-0700 or email us.