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State Mapleton Center - Columbus IN 2150 State St 18,892 SF 100% Leased Retail Building Columbus, IN 47201 $3,017,668 CAD ($159.73 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Investment Grade Tenancy: Dollar General & Dollar Tree
  • Brand New 10-Yr Dollar Tree lease
  • Corner location with strong traffic counts, dense trade area
  • Outparcel Opportunity - Value Add Opportunity
  • Strong Placer.ai data for long-time Dollar General

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,892 SF
Building Class
C
Year Built
1963
Price
$3,017,668 CAD
Price Per SF
$159.73 CAD
Cap Rate
7.25%
NOI
$218,754 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.55 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
77 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
295’ on State St

AMENITIES

  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • Jan 0000

Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - Jan 0000

NEARBY MAJOR RETAILERS

CrossFit
Horizon Bank
First Financial Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-96-30-130-003.200-005
Land Assessment
$345,672 CAD
Improvements Assessment
$552,883 CAD
Total Assessment
$898,556 CAD
  • Listing ID: 35427026

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 2150 State St, Columbus, IN 47201

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