Listed by Bradley Company, Bradley Company Fort Wayne
Unpriced
539 - 545 North Line Street, Columbia City, IN 46725
Details
APN 2-06-03-243-002.000-004
Property Type Retail
Sub Type Shopping Center
Square Footage 19,940
Net Rentable (SqFt) 5,134
Units 8
Tenancy Multi
Brand/Tenant Aldi
Lease Type NNN
Broker Co-Op No
Class C
Year Built 1985
Buildings 1
Stories 1
Acreage 2.720
Zoning GB
Parking Spaces 123 spaces
Parking Per SqFt 6.17
Investment Type Value Add
19,940 SqFt
Investment highlights
- Newly renovated 19,940 SF neighborhood shopping center offered for sale $1,735,000 | 9.0% cap rate (Contact Brokers for the Offering Memorandum)
- Adjacent to U.S. 30 at signalized intersection with strong visibility
- Tenants include: T-Mobile, H&R Block, Division of Family Resources, Transcat Medical, and Neighborhood Health Clinics
- Shadow-anchored by Aldi, 22,185 SF freestanding, long-term lease
- Surrounded by established residential neighborhoods and daily-needs retail - prime location for restaurants, home improvement, and other retail/service businesses
- Pylon signage along U.S. 30 available
- Near major regional employers, including Sweetwater Sound and Amazon (14 miles)
Listing Contacts
Listed by Bradley Company, Bradley Company Fort Wayne
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