Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
$2,171,000
State Mapleton Plaza - Columbus, IN
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 18,892
Cap Rate 7.25%
NOI $157,378
Occupancy 91%
Tenancy Multi
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN
Broker Co-Op Yes
Year Built 1963
Acreage 1.550
Investment Type Value Add
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Ownership Fee Simple (Land
7.25% CAP – 19K SF State Mapleton Center | Value-Add Anchored by Dollar General + Dollar Tree
Investment highlights
Investment Grade Tenancy: Dollar General & Dollar Tree
Outparcel Opportunity - Value Add Opportunity
Brand New 10-Yr Dollar Tree lease
Strong Placer.ai data for long-time Dollar General
Corner location with strong traffic counts, dense trade area
Listing Contacts
Listed by SRS Real Estate Partners McLean, SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$157,378.00
$13,114.83/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
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