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10020 US 31 - Driftwood Shoppes - Driftwood Shoppes, Taylorsville, IN

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10020 US 31 - Driftwood Shoppes - Driftwood Shoppes

Taylorsville, IN 47280


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2007
Building Size:9,878 SF Land Area:9.68 AC (421,661 SF)
% Leased:
For Sale Price:$1,295,000 Price/SF:$131.10
Cap Rate:-
Smallest Space:1,050 SF Largest Space:2,550 SF Total Space Avail:3,600 SF Rent/SF/Yr:
$12.00
Parking:Free Surface spaces are available; Ratio of 5.06/1,000 SF
Features:Signage, Tenant Controlled HVAC


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
2,550 SF
$12.00/SF/Yr
Vacant
Negotiable
Retail
 1st
1,050 SF
$12.00/SF/Yr
Vacant
Negotiable
Retail
 
9481794
9481801


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
2,550 SF
$12.00/SF/Yr
Vacant
Negotiable
Retail
1st
1,050 SF
$12.00/SF/Yr
Vacant
Negotiable
Retail
Driftwood Shoppes is a multi-tenant center located at the signalized intersection of U.S. Highway 31 and West 650 North. The INDOT Average Daily Traffic Count: 26,665. The center was built in 2008 comprised of 10,788 SF situated on 1.04 acres. There are a total of seven units ranging in size from 1,050 to 3,248 square feet. The gross annual rent: $123,906 with a current NOI: $110,257 with expenses including replacement reserves and management fee. Driftwood Shoppes is located approximately one mile south of I-65 and two miles south of Edinburgh outlet mall.

The center is located in a growing area which has experienced a great deal of new development in the past couple of years. The current zoning is commercial regional and adjacent business includes Circle K Convenient Mart/Fueling Station, Carver Toyota, Burger King, Waffle House, KFC/A&W, and Speedway Convenient Mart. Call for additional details.

The center is located at a signalized intersection of U.S. Highway 31 & County Road 650 North. The center is adjacent to Circle K and Carver Toyota Sales & Service just south of the I-65 interchange and Edinburg Outled Mall.

Great traffic count. Turn arrows. Limited competition in a developing area. Great for many types of business. 15% growth of residential, and new hotels.


Berkshire Hathaway Home Services
Rob Millman
(812) 522-5060


Berkshire Hathaway Home Services
Rob Millman
(812) 522-5060



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