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1809 N Greensburg Crossing - Greensburg Crossing, Greensburg, IN

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DetailMap
1809 N Greensburg Crossing - Greensburg Crossing

Greensburg, IN 47240-8587


Property Type:Retail Sub Type:Storefront Retail/Office Status:Existing Year Built:1988
Building Size:97,623 SF Land Area:12.55 AC (546,678 SF)
Smallest Space:1,600 SF Largest Space:3,200 SF Total Space Avail:6,550 SF Rent/SF/Yr:
$11.50
Parking:Free Surface spaces are available; Ratio of 2.05/1,000 SF Anchor Tenants:Dollar General, Tractor Supply Co
Features:Center Mixed Use


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,200 SF
$11.50/SF/Yr
30 Days
Negotiable
Retail
 1st
1,750 SF
$11.50/SF/Yr
30 Days
Negotiable
Retail
 1st
1,600 SF
$11.50/SF/Yr
Vacant
Negotiable
Retail
 
10481202
10481201
5319993
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,200 SF
$11.50/SF/Yr
30 Days
Negotiable
Retail
1st
1,750 SF
$11.50/SF/Yr
30 Days
Negotiable
Retail
1st
1,600 SF
$11.50/SF/Yr
Vacant
Negotiable
Retail

Sale Notes:
Starting Bid $1,200,000
Participation Deposit $25,000

Auction Starts11/14/2016
Auction Ends11/16/2016

Greensburg Crossing is a well-located retail center located adjacent to Wal-Mart Super Center and along the well traveled Greensburg Crossing, Greensburg’s primary retail thoroughfare. With traffic counts of over 16,000 vehicles per day and with 11,581 residents in a 1 mile radius, Greensburg Crossing provides the opportunity to acquire an asset in a strong trade area in an otherwise amenity desert.

Greensburg Crossing is located at 1809 N Greensburg Crossing, Greensburg, IN. The property provides investors the opportunity to acquire a well maintained, desirable 97,623 SF retail asset in the heart of the southeast city less than 2 miles from the $550M Honda Production Facility also located in Greensburg.

Investment Highlights

- Excellent Tenant Mix: National, regional, and local tenants include Tractor Supply Company, Dollar General, MainSource Financial Group, and Fifth Third Bank.

- High Traffic Signalized Intersection Location: Greensburg Crossing is located at the signalized intersection of SR3 and N Broadway St with approximately 16,196 vehicles per day and multiple points of ingress and egress.

- Proximity to Honda Production Facility: The Property is less than 5 miles from the Honda Manufacturing Plant on the outskirts of Greensburg. The $550M plant has recently undergone over $52M in renovations and employs over 2,500 workers with an annual capacity of over 200,000 units.

- Excellent Access and Visibility: The Subject Property benefits from large pylon signage along IN-3 , as well as at an additional point of ingress/egress along N Broadway St.

- Limited Retail Competition: Greensburg Crossing benefits from being one of two retail centers in a three-mile radius of the site. The location additionally benefits from being an infill site with limited developable land surrounding the area, therefore constraining supply for future competition.
Auctioneer Licensing Information
Ten-X Arlene Richardson RE Brkr RB14049544
Ten-X Mark Buleziuk Auction Firm AU10900036


Friedman Integrated Real Estate Solutions
Jay H Green
(614) 224-2424



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