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31112117
31112118

539 N Line St, Columbia City, IN 46725

AR
IN RB17000271
Bradley Company
SP
IN RB14003860
Bradley Company Fort Wayne
Listed by Bradley Company, Bradley Company Fort Wayne
Unpriced
85 days on market
Updated 61 days ago
Under Contract

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

AR
IN RB17000271
Bradley Company
SP
IN RB14003860
Bradley Company Fort Wayne
Listed by Bradley Company, Bradley Company Fort Wayne

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