Heritage Square

Shopping Center for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30164770
Property Subtypes: Grocery-Anchored, Net Leased, Power Center, Strip Center
Building Size (RSF): 54,913 SF
Gross Building Area: See Agent
Gross Land Area: 16.86 Acres
Sale Price: $7,700,000
Unit Price: $140.22 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 12/1/2017

Overview / Comments

18.2 acres in Sellersburg, IN. Excellent investment opportunity with ability to expand shopping center or construct multi family on adjacent property. Current shopping center consists of 54,913+/- SF and is 100% occupied, anchored by Jay C Food Store. Landlord has renderings for proposed multi family on adjacent land (166 units), and a 1.4 acre retail pad on Highway 60.
Landlord prefers to sell entire property, not just the shopping center.

All interested parties must sign a Confidentiality Disclosure Agreement prior to receiving information.

Current Tenants

Tenant Business Name Jay C
Is Renting? Yes
Tenant Business Name Mendez Chiropractic
Tenant Business Name Nail Salon
Tenant Business Name Anytime Fitness
Tenant Business Name Dominos Pizza
Tenant Business Name Subway
Tenant Business Name Baker Family Dentistry
Tenant Business Name Dollar Tree

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Tax ID/APN: 10-17-10-800-809.000-031
Zoning: PUD
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,440 24,709 84,889
Median Age: 35.23 37.77 38.24
Households: 985 9,184 33,741
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