5914 W State Road 10 - Storefront Retail/Office FOR SALE


Demotte, IN 46310
$4,350,000 USD
219-670-2864
5914 W State Road 10, Demotte, IN for Sale
$4,350,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 8.2% Cap Rate

5914 W State Road 10
Demotte, IN 46310


HIGHLIGHTS

  • Sav A Lot and Dollar Tree Anchored
  • Central Shopping Hub
  • One half mile to Interstate 65
  • 1.26 AC and 0.92 AC Out lots available
  • 700' Highway Frontage
  • Multiple Monument Signs

OVERVIEW

Sav-A-Lot and Dollar Tree Anchored. 1.26 AC and 0.92 AC Out lots available Central Shopping Hub. One half mile to I-65. 100% occupancy. Prime Investment Opportunity Sav-A-Lot and Dollar Tree anchored plaza. Central to Communities of Roselawn and Demotte, IN. One half mile to Interstate 65. 700' State Highway 10 Frontage. 100% leased. Out lots available subject to offer. Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape - the Sav-A-Lot and Dollar Tree anchored Lake Holiday Plaza. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region. Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far. The plaza is anchored by two major retail giants - Sav-A-Lot and Dollar Tree. Sav-A-Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, on the other hand, is a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to the plaza, contributing to its vibrant atmosphere. Setting this plaza apart is its 100% leased status. Every square foot of retail space is occupied, reflecting the strong demand for quality retail locations in this area. This full occupancy not only speaks volumes about the economic health of Roselawn and Demotte but also provides a diverse shopping experience for customers. In addition to the anchor stores, the plaza houses a variety of other businesses that cater to different needs. From restaurants offering delicious food to specialty stores selling unique products, there's something for everyone here. This diversity not only enhances the shopping experience but also contributes to the local economy by providing jobs and generating revenue. Even with it’s current success, the plaza continues to evolve with available out lots. offering potential for further development, providing an opportunity for new businesses to establish themselves in this thriving community. Whether it's a new restaurant, a boutique, or a service-oriented business, these lots are ready to welcome new ventures that will add to the plaza's appeal.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

8.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.78 AC

LAND SF

251,777 SF

ZONING

B-2

APN/PARCEL ID

56-05-12-444-015.000-013

ASK ABOUT THIS PROPERTY

Bill LoyMcColly Bennett Commercial AdvantageMore Info
219-670-2864

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Bill LoyMcColly Bennett Commercial AdvantageMore Info
219-670-2864

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