617-239-3608
357 Tanger Blvd, Seymour, IN for Sale
Movie Theatre - FOR SALE
1/17
null | Request Cap Rate

357 Tanger Blvd
Seymour, IN 47274


HIGHLIGHTS

  • Redevelopment Opportunity: Situated on 2.77 Acres and zoned Highway Commercial, ideal for redevelopment.
  • Situated at the Submarket’s Dominant Intersection: Located at the intersection of I-65 and US-50, which sees 68,000 vehicles per day.
  • Walmart’s Long-Term Commitment: Walmart recently commenced construction on a $108M investment into their distribution facility, just across the highwa
  • Over the last 20 years, Seymour has benefited from a 20% growth in population which is expected to grow by 3-4% in the next five years

OVERVIEW

Atlantic Capital Partners is pleased to offer for sale 357 Tanger Boulevard, a former Regal Cinema located in Seymour, Indiana. This 22,273 SF asset sits on a 2.77 AC and is ideally situated at the intersection of I-65 and US-50 which sees 38,000 and 30,000 vehicles per day, respectively. 357 Tanger Blvd is located less than 1-mile from Home Depot and Walmart Supercenter and less than 2 miles from downtown, all of which enhance daily traffic to the submarket and exposure to the asset. Additionally, the Property is positioned opposite the highway from a Walmart Distribution Center which just commenced construction on a $108M investment into that property to enhance efficiency through the addition of robotics, automation, and AI-powered systems. 357 Tanger Boulevard is unencumbered by any tenant leases and is primed for redevelopment and is zoned C-3 (Highway Commercial District), allowing for a variety of uses. Dennis Jackson, Auctioneer IN License: AU01014422

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Regal Seymour

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,661 SF

ZONING

C

APN/PARCEL ID

36-66-15-100-002.006-009

ASK ABOUT THIS PROPERTY

Sam KoonceAtlantic Capital PartnersMore Info
617-239-3608

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Sam KoonceAtlantic Capital PartnersMore Info
617-239-3608

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.