Current Properties for Sale
Price: $20,500,000 Cap Rate: 7.80% GLA: 227,833 Price/SF: $90.02
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• Wal-Mart Supercenter Anchored
• Includes Fee Simple Wal-Mart
• Long Term Wal-Mart Lease
• 3 Single Tenant Outlots Included
• 100% Occupied (96% National Tenants)
• Traffic Counts: 13,000+ Cars/Day
Price: $5,250,000 Cap Rate: 8.02% GLA: 69,983 Price/SF: $75.02
• REO Value Add Opportunity (40% Vacant)
• Priced Below Replacement Cost
• Priced on Current NOI
• McDonald's Ground Lease Included
• Adjacent to Inverrary Resort
• Traffic Counts: 70,500 Cars/Day
Price: $2,750,000 Cap Rate: 9.00% GLA: 122,992 Price/SF: $22.36
• Rural King Anchor
• Priced Well Below Replacement Cost
• Below Market Rents
• Stabilized (92% Occupied)
• 90% National Credit Tenants
• Traffic Counts: 24,220 Cars/Day
Price: $6,100,000 Cap Rate: 9.9% GLA: 74,978 Price/SF: $81.36
• Grocery Anchored Center
• Strong Bi-Lo Grocery Sales
• Nearest Grocery Over 2 Miles Away
• Stabilized (100% Occupied)
• Traffic Counts: 17,350 Cars/Day
Price: $3,750,000 Cap Rate: 9.42% GLA: 90,109 Price/SF: $41.62
• Anchored by Hobby Lobby & Big Lots
• No Near Term Lease Rollover
• Traffic Counts: 29,600 Cars/Day
Price: $2,250,000 Cap Rate: 10.0% GLA: 53,351 Price/SF: $42.17
• Anchored by JC Penney & Sav-a-Lot
• Stabilized (96% Occupied)
• Traffic Counts: 18,000 Cars/Day
Price: $2,000,000 Cap Rate: 9.72% GLA: 65,453 Price/SF: $30.56
• Anchored by Marvin's (Long Term Lease)
• Value Add Opportunity
• 19% Economic Vacancy
• $245,000 in Recent Capital Improvements
Price: $2,500,000 Cap Rate: 8.3% GLA: 14,372 Price/SF: $173.95
• Adjacent to #1 Kroger in Indianapolis
• Scheduled Rent Increases
• Includes 1.5 Acres of Fully Improved Land
• Recent Class "A" Construction
• Over 162,000 People within 5 Miles
• Traffic Counts: 21,000 Cars/Day
Price: $1,250,000 Cap Rate: 12.0% GLA: 27,700 Price/SF: $45.13
• Wal-Mart Shadow Anchor
• Above Market Cap Rate
• Directly Adjacent to I-465 Highway
• Potential Upside with Corner Outlot
• Traffic Counts: 37,692 Cars/Day
Price: $1,150,000 Cap Rate: 11.54% GLA: 20,008 Price/SF: $57.48
• Adjacent to Wal-Mart Supercenter
• Rural King Shadow Anchor
• New Aaron's Rents Lease
Price: $1,450,000 Cap Rate: 8.5% GLA: 3,364 Year Built: 1996
• Long Term Absolute NNN Lease (2020)
• Corporate Guarantee on Lease
• Rent Increases Every 5 Years
• Adjacent to Martin's Grocery & CVS
• Property Includes Drive-Thru
• No Maintenance Resonsibility
Price: $1,800,000 Cap Rate: 7.5% GLA: 3,510 Year Built: 1991
• Long Term Absolute NNN Lease (2029)
• Annual CPI Rent Increases
• Tax Advantages (Rapid Depreciation)
• Nearest C-Store 1.5 Miles Away
Price: $975,000 Cap Rate: 8.0% GLA: 3,200 Year Built: 2007
• Long Term NNN Lease (2017)
• Adjacent to Ball State University
• Outlot to Northwest Plaza (Staples; Big Lots; Hobby Lobby; Jo-Ann Fabrics)
Price: $3,350,000 Cap Rate: 9.02% GLA: 14,372 Price/SF: $122.37
• 100% Occupied
• Average HH Income: $98,765
• 75% White Collar Workers
• Adjacent to I-69 Highway Exit
Price: $8,495,000 Cap Rate: 8.75% GLA: 44,671 Price/SF: $190.17
• New Class "A" Construction
• Long Term Leases
• Adjacent to Highway Exit
• Excellent Visibility from Highway
• High Quality Modern Finishes (Exotic Wood)
• Large Bright Atrium