Shopping Center For Sale / #2335

Shopping Center for Sale
Catylist Listing ID: 30517134
Property Subtypes: Strip Center
Building Size (RSF): 8,726 SF
Sale Price: $699,000
Unit Price: $80.11 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/24/2021

Overview / Comments

- Free-Standing, brick retail strip center close to Eastland Mall
- 8,726 SF with 5 tenants
- High demand area with offices, retail, theatre and restaurants

Tenants include:
Pre-School, Church, Hair Salon, Security Business, Massage Salon

Income: $74,100
Expenses: $12,801

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-23-017-107.001-027
Zoning: C-4
Retail Clientele: Business
Property Located Between: Green River Rd. and Stockwell Rd.
Property Visibility: Excellent
Largest Nearby Street: Morgan Ave.
Feet of Frontage: 220
Highway Access: I-69, SR 62/66 and Hwy. 41
Airports: Evansville Regional Airport
Site Description: Brick Strip Center - Fully Leased
Area Description: Theatres, Shopping Centers, Businesses
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,000 SF
Property Condition: Excellent
Year Built: 1994
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: All brick with metal roof
Parking Type: Surface
Parking Description: Paved
Total Parking Spaces: 25
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Air Curtain
Zoning Description: C-4
Lot Frontage: 220'
Legal Description: Survey of PT NE 23-6-10

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,290 78,534 138,030
Median Age: 43.35 38.03 38.45
Households: 5,180 33,771 58,256
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