2135-2145 E State Highway 54 - Storefront FOR SALE


Linton, IN 47441
$5,497,000 USD
978-854-2126
2135-2145 E State Highway 54, Linton, IN for Sale
$5,497,000 USD
Storefront - FOR SALE
1/4
null | 6.89% Cap Rate

2135-2145 E State Highway 54
Linton, IN 47441


HIGHLIGHTS

  • Shadow anchored by Walmart Supercenter, which sees over 1.7 Million visits annually, driving consumers to the shopping center
  • All leases feature rental increases, minimal landlord responsibilities which provide a surety of cash flow for investors
  • Recently constructed outparcel as well as renovated two-tenant retail asset limits capital repairs for an investor during the hold period
  • Tractor Supply represents the top Home Improvement store in a 15-mile radius and is one of the top performers in the state of Indiana (90% per Placer)

OVERVIEW

Atlantic Capital Partners is pleased to present the opportunity to acquire a Walmart shadow-anchored retail center located in Linton, Indiana. The property consists of a 53,207 SF retail asset leased to Tractor Supply Company & Ollie’s Bargain Outlet, in addition to a newly-constructed Scooter’s Coffee outparcel. The offering provides diversified national tenancy and stable long-term income. The asset benefits from a recently negotiated early lease extension with Tractor Supply Company that extends the lease term through August 31, 2037, reinforcing the tenant’s long-term commitment to the site and providing investors with extended cash flow visibility from one of the nation’s strongest rural retail operators. Strategically positioned directly adjacent to the dominant Walmart Supercenter serving the market, the property operates within the primary retail node of Linton and captures consistent regional consumer traffic. Tractor Supply and Ollie’s Bargain Outlet serve as key retail anchors for the community, while Scooter’s Coffee enhances the property’s daily convenience retail profile. The investment offers investors a durable income stream backed by nationally recognized tenants, strong lease fundamentals, and the stability of a Walmart shadow anchored retail corridor.

FOR SALE DETAILS

PRICE

$5,497,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

6.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply, Ollie's + Scooter's Outparcel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

135

LAND DETAILS

LAND ACRES

8.07 AC

LAND SF

351,529 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Teddy DriscollAtlantic RetailMore Info
978-854-2126

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Teddy DriscollAtlantic RetailMore Info
978-854-2126

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