Attention Investors-Amazing Strip Center Opportunity

Highlights

• * Multi-tenant Income Producing Property
• * Ample Parking
• * Excellent Location
• * Includes 4000 SF Warehouse Space on Property
• PROJECTED NOI $86,881.00 at a 7.5 Cap = $1,158,413.33 VALUE

Description

Welcome to 120 W McClain Ave, Scottsburg, Indiana - Your Premier Shopping Destination!

Discover the epitome of convenience and style at this prime commercial real estate gem, strategically located at 120 W McClain Ave in the heart of Scottsburg, Indiana. Presenting an unparalleled opportunity for retailers, entrepreneurs, and investors alike, this dynamic shopping center embodies the perfect blend of modern sophistication and community charm.

Nestled in a bustling and high-traffic area, our shopping center is strategically positioned to capture the attention of both local residents and passing travelers. Benefit from the unbeatable visibility and accessibility that this location provides.

Located in close proximity to schools, residential areas, and recreational spots, our shopping center becomes an integral part of the community's daily life, ensuring a steady flow of foot traffic and sustained business growth.

Sav a lot has 16154 sqft of inline space within the shopping center parcel.
***In addition, their lease includes control of the adjoining property. The adjoining property is a separate parcel but
included in the sale. It would be described as a free standing 4000 sqft metal building with 20’ ceilings, 1 drive in
door and 1 dock door. The lot of which it is situated is subject to survey but approximately 1/2 acre. The
rental rate of $3.58 PSF does not reflect the additional 3000 sqft that Sav a lot has included in their lease.
Essentially, this parcel had to be included in the sale due to it is encumbered by the Sav a lot lease. At some
point in the future this property could stand on its on as a separate parcel and hold significant upside.

East of I-65 on E. McClain Avenue, just past N. Gardner Street on the North Side of E. McClain