1802-1826 IN-44 - Storefront FOR SALE
Shelbyville, IN 46176 |
$4,820,000 USD
844-585-7678
1802-1826 IN-44
Shelbyville, IN 46176
HIGHLIGHTS
- 93% Occupied, 45,314-Square-Foot Daily Needs Retail Center Located in the Indianapolis MSA
- Diverse Mix of Traditional Soft Goods Retailers, Fitness, Financial Service Providers, and Medical Service-Based Providers
- Priced Below Replacement Cost: Low in-place rents keep competition from developing new retail centers on any available land parcels
- Excellent Accessibility and Visibility Along IN-44, Shelbyville’s Main Retail Corridor: Shelbyville is located southeast of Indianapolis along I-74
- Strategic Location Shadow Anchored by Rural King: Rivergate Shopping Center is shadow anchored by Rural King
- Shelbyville is the County Seat of Shelby County and is Located in the Indianapolis MSA (2.65M People)
FOR SALE DETAILS
PRICE
$4,820,000 USD
PRICE/SF
$106 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Rivergate Shopping Center | Shelbyville, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8.93 AC
LAND SF
388,991 SF
ZONING
-
APN/PARCEL ID
731104200058000002
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844-585-7678
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844-585-7678
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