1554-1556 S Washington St - Freestanding FOR SALE
Crawfordsville, IN 47933 |
$670,500 USD
317-218-5329
1554-1556 S Washington St
Crawfordsville, IN 47933
HIGHLIGHTS
- 77% Occupied Four-Tenant Strip Center
- Anchored by Jack's Donuts (9 Locations in Indiana)
- Value-Add Opportunity | Upside in Leasing 1,200sf Vacant Space | Additional Upside in Converting 67% of the GLA to NNN Leases
- Minimal Near-Term Lease Rollover Risk | 55% of the GLA is leased until at least August 2029
- Dense Retail Corridor | Located down the street from Home Depot, Walmart and the New $38M Kroger Marketplace Development
- Excellent Visibility along US 231 | 49 Miles from Downtown Indy
FOR SALE DETAILS
PRICE
$670,500 USD
PRICE/SF
$124 USD /SF
CAP RATE
3.22%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Jack's Donuts Strip
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
B3
APN/PARCEL ID
54-10-08-200-060.004-030
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317-218-5329
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317-218-5329
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