
Tuscany Mall Shopping Center - Walmart Shadowed - 100% Occ
Walmart Shadow Anchored | Investment Grade Anchor | Strong Regional Retail Corridor
Marketing description
Fortis Net Lease is pleased to present Tuscany Shopping Center, a 20,800-squarefoot neighborhood shopping center strategically located in the primary retail corridor of Clinton, Indiana. The property boasts a strong operating history, 100% occupancy, and a well-balanced tenant mix that includes national credit tenants alongside established local operators.
The center is anchored by investment-grade credit tenancy, highlighted by Dollar Tree, and complemented by popular local destinations such as Los Primos Mexican Restaurant. As a Walmart-shadow-anchored asset, Tuscany Shopping Center benefits from consistent daily traffic and retail synergy. Suite sizes range from approximately 1,600 square feet to 9,600 square feet, providing flexibility that appeals to a broad range of retail and service-oriented users.
The property offers excellent visibility and access, with exposure to nearly 8,000 vehicles per day and immediate connectivity to State Road 63—a major north-south regional thoroughfare carrying over 9,800 vehicles daily. This strong traffic profile enhances tenant performance and long-term leasing stability.
Demographically, the asset is supported by a 10-mile population of 26,585 and average household incomes of $68,723 within a 5-mile radius. The surrounding retail landscape includes numerous national and regional brands such as Walmart, Save-A-Lot, Tractor Supply Company, O’Reilly Auto Parts, Advance Auto Parts, Ford and Chevrolet dealerships, McDonald’s, Taco Bell, Hardee’s, and others—further reinforcing the area’s role as Clinton’s dominant retail hub.
The property is offered at an attractive 7.75% cap rate based on a current Net Operating Income of $240,914, presenting investors with a stabilized, income producing asset in a durable Midwestern retail market.
Investment highlights
- 20,800 SF with Long Term High Occupancy Track Record
- Prime Location on National Retail Corridor
- Strong Retail Sales Figures (Placer.ai): Walmart - $32.2M | Tractor Supply Company - $4.3M | Save-a-Lot - $5.7M | McDonald's - $4M
- Ideally Located at Signalized Intersection to Over 17,600 VPD
- Regional Shopping Destination for Clinton, IN & Fairview Park, IN
- Upside Potential with Rent Increases on Lease Renewals
- Minimal Landlord Responsibilities - Property Manager in Place
- Management & Capital Reserves ($0.25PSF) Taken Into NOI Calculation
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