Towne South Plaza

Investment Highlights

  • Class “A” Power Center
  • Dominant Regional Retail Center
  • Ross, TJ Maxx, Best Buy Anchors
  • New 10 Year Anchor Leases
  • Scheduled Rent Increases
  • 100% Occupied
  • 83% National Tenants
  • Strong Credit Anchors
  • NNN Leases
  • Direct Frontage on US-41
  • Located on Main Retail Corridor
  • Just South of Honey Creek Mall
  • Adjacent to Burlington Coat Factory
  • Strong Traffic Counts: (34,455 Cars/Day)

Offering Summary

  • Price: $21,850,000
  • CAP Rate: 7.00%
  • Occupancy: 93%
  • Cost Per Square Foot: $133.85
  • GLA: 52,260 Square Feet
  • Site Area: 6.28 Acres

 

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