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Regal Seymour 357 Tanger Blvd 22,030 SF Retail Building Seymour, IN 47274 For Sale
INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity: Situated on 2.77 Acres and zoned Highway Commercial, ideal for redevelopment.
- Walmart’s Long-Term Commitment: Walmart recently commenced construction on a $108M investment into their distribution facility, just across the highwa
- Situated at the Submarket’s Dominant Intersection: Located at the intersection of I-65 and US-50, which sees 68,000 vehicles per day.
- Over the last 20 years, Seymour has benefited from a 20% growth in population which is expected to grow by 3-4% in the next five years
EXECUTIVE SUMMARY
Atlantic Capital Partners is pleased to offer for sale 357 Tanger Boulevard, a former Regal Cinema located in Seymour, Indiana. This 22,273 SF asset sits on a 2.77 AC and is ideally situated at the intersection of I-65 and US-50 which sees 38,000 and 30,000 vehicles per day, respectively.
357 Tanger Blvd is located less than 1-mile from Home Depot and Walmart Supercenter and less than 2 miles from downtown, all of which enhance daily traffic to the submarket and exposure to the asset. Additionally, the Property is positioned opposite the highway from a Walmart Distribution Center which just commenced construction on a $108M investment into that property to enhance efficiency through the addition of robotics, automation, and AI-powered systems. 357 Tanger Boulevard is unencumbered by any tenant leases and is primed for redevelopment and is zoned C-3 (Highway Commercial District), allowing for a variety of uses.
Dennis Jackson, Auctioneer
IN License: AU01014422
357 Tanger Blvd is located less than 1-mile from Home Depot and Walmart Supercenter and less than 2 miles from downtown, all of which enhance daily traffic to the submarket and exposure to the asset. Additionally, the Property is positioned opposite the highway from a Walmart Distribution Center which just commenced construction on a $108M investment into that property to enhance efficiency through the addition of robotics, automation, and AI-powered systems. 357 Tanger Boulevard is unencumbered by any tenant leases and is primed for redevelopment and is zoned C-3 (Highway Commercial District), allowing for a variety of uses.
Dennis Jackson, Auctioneer
IN License: AU01014422
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
22,030 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.77 AC
Zoning
C - Commercial
Frontage
316’ on Tanger Boulevard
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 36-66-15-100-002.006-009 | Improvements Assessment | $453,629 CAD |
| Land Assessment | $96,592 CAD | Total Assessment | $550,221 CAD |
PROPERTY TAXES
Parcel Number
36-66-15-100-002.006-009
Land Assessment
$96,592 CAD
Improvements Assessment
$453,629 CAD
Total Assessment
$550,221 CAD
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Regal Seymour | 357 Tanger Blvd
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