2008-2124 45th St - Freestanding FOR SALE
Highland, IN 46322 |
2008-2124 45th St
Highland, IN 46322
HIGHLIGHTS
- Porte De L’eau Plaza, an iconic neighborhood community center.
- ~90,000 SF, historically high occupancy of nearly 93% on 9.2 acres of land
- Diversified tenant mix with no Big Box leasing risk, units range form 1,200-4,500 SF
- Beautifully maintained, no deferred maintenance, 35-year ownership
- Affluent neighborhood with +$98,000 Average Household Income within 1 mile
- Easy Access, strategically located within 3 mile of I80/94 and west of US41
OVERVIEW
Porte De L'eau Plaza, an iconic neighborhood center was built in 1984 and is located on 45th Street in Highland, IN. The center offers approximately 90,000 SF of leasing space and hosts over 40 tenants with a historically high occupancy of 93%. Spaces range from 800-5,905 SF, thereby eliminating investor leasing risk. The center is surrounded by dense population with high Average Household Incomes of +$98,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
35207
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
485
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
45-07-32-201-001.000-026,45-07-32-201-002.000-026,45-07-32-204-001.000-026,45-07-32-204-002.000-026
