Prime Outlot Building
Retail-Commercial
for Sale
| Catylist Listing ID: |
30836521 |
| Property Subtypes: |
Restaurant
|
| Building Size (RSF): |
4,544 SF
|
| Gross Land Area: |
1 Acre
|
| Sale Price: |
$2,800,000 |
| Unit Price: |
$616.20 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
5/18/2023 |
Overview / Comments
|
Prime outlot building for sale at The Shoppes at Whitestown! The restaurant is turnkey and like new and is part of The Shoppes at Whitestown. The restaurant has excellent visibility and signalized access. Conveniently located just off I65 on the Whitestown exit and only 20 minutes from downtown Indy. The outparcel is surrounded by established retailers: TJ Maxx, Hobby Lobby, Burlington, ULTA and more. Surrounded by additional big box anchors Meijer and Lowe’s.
|
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Boone |
| Taxing Authority: |
Boone County |
| Tax ID/APN: |
06-04-06-000-032.005-021 |
| Zoning: |
PUD |
| Retail Clientele: |
Family, Traveler, Tourist |
| Property Located Between: |
I-65 and Whitestown Parkway |
| Property Visibility: |
Good |
| Largest Nearby Street: |
Whitestown Parkway |
| Feet of Frontage: |
386 |
| Traffic/Vehicle Count: |
30,387 |
| Highway Access: |
I-65 |
| Airports: |
Indianapolis International |
| Site Description: |
Prime OUTLOT BUILDING for sale at The Shoppes at Whitestown! The restaurant is turnkey and like new and is part of The Shoppes at Whitestown. The restaurant has excellent visibility and signalized access. Conveniently located just off I65 on the Whitestown exit and only 20 minutes from downtown Indy. The outparcel is surrounded by established retailers: TJ Maxx, Hobby Lobby, Burlington, ULTA and more. Surrounded by additional big box anchors Meijer and Lowe’s. |
| Area Description: |
Whitestown, Indiana is part of the Indianapolis MSA and is 20 minutes from downtown Indy and is considered a regional trade area for the surrounding smaller communities of Lebanon, Zionsville and other smaller towns. Whitestown has been the fastest growing community within the state of Indiana for 8 consecutive years. 5 hotels are in the area surrounding the shopping center bringing another 500 rooms to the community. The trade area is rapidly growing with more than 3 million square feet of development within 1 mile. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
4,414 SF |
| Property Condition: |
Excellent |
| Year Built: |
2019 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Exterior Description: |
Brick construction with stucco facade and architectural elements. |
| Total Parking Spaces: |
62 |
| Parking Type: |
Surface |
| Zoning Description: |
Planned Unit Development allows for a mix of retail, office and multi-family uses. |
| Lot Frontage: |
386 |
| Lot Depth: |
118 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,372 |
16,090 |
31,761 |
| Median Age: |
31.15 |
35.9 |
38.42 |
| Households: |
1,389 |
5,434 |
11,079 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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