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State Mapleton Center - Columbus IN 2150 State St 18,892 SF 100% Leased Retail Building Columbus, IN 47201 $2,975,160 CAD ($157.48 CAD/SF) 7.25% Cap Rate
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
Building Size
18,892 SF
Building Class
C
Year Built
1963
Price
$2,975,160 CAD
Price Per SF
$157.48 CAD
Cap Rate
7.25%
NOI
$215,672 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
Amenities
- Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
Dollar Tree started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-96-30-130-003.200-005 | Improvements Assessment | $754,181 CAD |
| Land Assessment | $349,747 CAD | Total Assessment | $1,103,929 CAD |
Property Taxes
Parcel Number
03-96-30-130-003.200-005
Land Assessment
$349,747 CAD
Improvements Assessment
$754,181 CAD
Total Assessment
$1,103,929 CAD
1 of 5
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State Mapleton Center - Columbus IN | 2150 State St
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