Log In/Sign Up
Your email has been sent.
539-545 N Line St
Columbia City, IN 46725
Retail Property For Sale
Executive Summary
Newly renovated 19,940 SF neighborhood shopping center offered for sale (contact brokers for the offering memorandum)
Adjacent to U.S. 30 at a signalized intersection with strong visibility
Tenants include: T-Mobile, H&R Block, Division of Family Resources, Transcat Medical, and Neighborhood Health Clinics
Shadow-anchored by ALDI on a long-term lease
Surrounded by established residential neighborhoods and daily-needs retail
Prime location for restaurants, home improvement, and other retail/service businesses
Pylon signage along U.S. 30 available
Near major regional employers, including Sweetwater Sound and Amazon (14 miles)
Adjacent to U.S. 30 at a signalized intersection with strong visibility
Tenants include: T-Mobile, H&R Block, Division of Family Resources, Transcat Medical, and Neighborhood Health Clinics
Shadow-anchored by ALDI on a long-term lease
Surrounded by established residential neighborhoods and daily-needs retail
Prime location for restaurants, home improvement, and other retail/service businesses
Pylon signage along U.S. 30 available
Near major regional employers, including Sweetwater Sound and Amazon (14 miles)
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
24,432 SF
Building Class
B
Year Built/Renovated
1985/2004
Price
$2,381,253 CAD
Price Per SF
$97.46 CAD
Cap Rate
9%
NOI
$214,313 CAD
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
2.72 AC
Zoning
GB
Parking
245 Spaces (6.24 Spaces per 1,000 SF Leased)
Frontage
235’ on Line Street
Amenities
- Pylon Sign
- Signage
- Kiosk/Cart Space
- Air Conditioning
Property Taxes
| Parcel Number | 92-06-03-000-240.000-004 | Improvements Assessment | $1,700,436 CAD |
| Land Assessment | $96,558 CAD | Total Assessment | $1,796,995 CAD |
Property Taxes
Parcel Number
92-06-03-000-240.000-004
Land Assessment
$96,558 CAD
Improvements Assessment
$1,700,436 CAD
Total Assessment
$1,796,995 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
