1811-1933 University Blvd - Freestanding FOR SALE


Anderson, IN 46012
$950,000 USD
317-519-5178
1811-1933 University Blvd, Anderson, IN for Sale
$950,000 USD
Freestanding - FOR SALE
1/8
null | 6.71% Cap Rate

1811-1933 University Blvd
Anderson, IN 46012


OVERVIEW

• Retail Strip Center with Strong Tenant Mix and Value Add Opportunity • Well-Below Market Rents, Averaging under $11.96 per Square Foot • Phenomenal Location near the Busy Intersection of University Blvd. • Strategically Situated Directly Adjacent to Anderson University • Located 28 Miles from Fishers, IN and 4.2 Miles from Interstate 69 Why University Plaza? This retail strip center offers stable in-place income with upside potential through lease-up and rent increases. With a strong mix of local tenants and immediate adjacency to a major university, it’s well-positioned for long-term performance.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

6.71%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

University Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

2.42 AC

LAND SF

105,415 SF

ZONING

B-3

APN/PARCEL ID

48-12-07-401-049.000-003

ASK ABOUT THIS PROPERTY

James StoreyJDM PartnersMore Info
317-519-5178

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James StoreyJDM PartnersMore Info
317-519-5178

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