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Well Located Retail Strip For Sale

Listing was updated at: 03/15/2019
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Property Overview

Price/Rent PSF $ 1,100,000.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 12,800
Date Available 03/15/2019
Additional URL Link
Parking 31
Floors 1
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Description

Location
Off of US-50 across from Redemption Church

Sale
For Sale, 815 W. Broadway St. in Loogootee, Indiana. This 12,800 SF retail strip was built in 2003. The building is divided into 4 leasable spaces (3) 1,600 SF and (1) 8,000 SF. The majority of space (8,000sf) was leased by Dollar General until 2018 when they built a new stand-alone building nearby. Current tenant leases 1,600 SF and pays $1,100/month on a month to month lease. This presents the new owner with the unique opportunity to acquire a retail strip with immediate cash flow and 11,200 SF of well located leasable retail space. 

The retail center sits on IN-50 along with many national retail tenants including Subway, Wendy's, and McDonald's. The property is less than half a mile away from Loogootee Healthcare and Rehabilitation Center and 65 miles away from Evansville Regional Airport.

Lease
Retail Space For Lease at 815 W. Broadway St. in Loogootee, Indiana
1,600 SF at 8.00/SF NNN
8,000 SF at $8.00/SF NNN

Location

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