601 E Boonville New Harmony Rd

Shopping Center for Sale
Catylist Listing ID: 30833214
Property Subtypes: Free-Standing Store, Neighborhood Center, Strip Center, Other
Building Size (RSF): 12,554 SF
Gross Land Area: 1.55 Acres
Sale Price: $2,200,000
Unit Price: $175.24 PSF
Property Use Type: Investment
Building Name: Chase Plaza
Usable Size (USF): 12,554 SF
Sale Terms: Cash to Seller
Cap Rate: 6.97%
Average Occupancy Rate: 100
Last Updated: 3/20/2023

Overview / Comments

Chase Plaza has excellent historical occupancy, strong weighted average lease term, and excellent real estate fundamentals. Chase Plaza is strategically located at the signalized intersection of US Hwy 41 and Boonville New Harmony Rd.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-04-17-009-352.002-030
Zoning: COMMERCIAL
Retail Clientele: General, Family, Traveler, Recreation, Other
Property Located Between: US Highway 41 & Boonville-New Harmony Rd
Largest Nearby Street: US Highway 41
Traffic/Vehicle Count: 7,646
Highway Access: US Highway 41
Airports: Evansville Regional
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2008
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 18,006 35,737
Median Age: 41.37 40.48
Households: 6,689 13,669
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