Newmark Midwest Capital Markets has been exclusively retained by the owner in the sale of AT&T and Hollywood Movies & Games at the Green Tree Mall Outparcel (the “Property”), a 6,786 SF multi-tenant retail outparcel. Currently 100% leased, the Property is home AT&T Mobile (3,400 SF) and Hollywood Movies & Games (3,386 SF). The Property is located adjacent to the Green Tree Mall in the heart of the Clarksville, Indiana retail trade area. Green Tree Mall is southern Indiana’s only enclosed mall and is conveniently located near I-65 and
Lewis and Clark Parkway in Clarksville, Indiana, just four miles north of downtown Louisville.
The Green Tree Outparcel represents a unique opportunity to acquire a fully-leased retail property in the Louisville Metro area - one of the most desirable metropolitan areas in the Midwest – with substantial upside potential exists through the marking well-below market
rents to market levels.
The Green Tree Mall Outparcel property has an in-place NOI of $122,608. The Property is being offered for $1,752,000, with represents an 7.0% cap rate on in-place NOI.