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Knox Mall Shopping Center 1209-1319 S Heaton St 85,406 SF 98% Leased Retail Building Knox, IN 46534 $7,482,131 CAD ($87.61 CAD/SF) 7.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Anchored By Tractor Supply Company, Family Dollar And Five Star Marketplace
- Surrounded By Various Local, Regional And National Retailers
- Community-Essential Retail Shopping Center
- Five Star Marketplace Is The Major Grocery Serving The Regions & Has Been Operating At This Site For 50 Years
- Anchor Tenants Operate Under Triple-Net Leases
- Located Along Main Retail Corridor That Experiences Approximately 13,000 Vehicles Per Day
EXECUTIVE SUMMARY
The property is 97% occupied and anchored by Five Star Grocery Marketplace (50+ yrs occupancy), Tractor Supply Company (recent long-term renewal) and Family Dollar alongside additional local retailers and service providers. The anchor tenants occupy their spaces under NNN (triple-net) leases, ensuring predictable cash flow and minimal landlord responsibility for property expenses. The remaining in-line tenants provide additional income stability while serving the everyday needs of Knox residents. Positioned on a prime retail corridor, Knox Mall Shopping Center benefits from high visibility, excellent access, and proximity to complementary commercial activity, making it a dominant shopping destination for the local and regional residents of Starke County.
PROPERTY FACTS
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.
- Five Star Of Knox
- Retailer
- -
- -
- -
- -
Connecting the best organizations with the best people, Integrity Trade Services, LLC, provides the highest level of staffing and tailor made business solutions to every client they serve. Serving as a single point of contact to employees and companies, they seamlessly manage all aspects of staffing and employment to meet the unique needs of each request.
- Magnum Value Properties, LLC
- Real Estate
- -
- -
- -
- -
Since 1938, Tractor Supply Company has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S. The company's Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | - | - | - | - | |
| Five Star Of Knox | Retailer | - | - | - | - | |
|
Administrative and Support Services | - | - | - | - | |
| Magnum Value Properties, LLC | Real Estate | - | - | - | - | |
|
Retailer | - | $8.38 CAD | Triple Net | May 2026 |
PROPERTY TAXES
| Parcel Number | 75-06-27-202-005.400-004 | Improvements Assessment | $1,168,135 CAD |
| Land Assessment | $562,634 CAD | Total Assessment | $1,730,769 CAD |
PROPERTY TAXES
Presented by
Knox Mall Shopping Center | 1209-1319 S Heaton St
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