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Lake Holiday Plaza - 58,000 sf Strip Center 5916 W State Road 10 58,016 SF 100% Leased Retail Building Demotte, IN 46310 $5,444,088 CAD ($93.84 CAD/SF)
INVESTMENT HIGHLIGHTS
- West of I65 interchange
- Corner / Traffic light Location
- 2 additional out lots included in sale
EXECUTIVE SUMMARY
Fully leased. Prime Location off Interstate 65 exit. Corner/Traffic light location. 58,000 sq. ft. strip center on over 8 acres. (2) Two additional out lots included in sale.
Lake Holiday Plaza is a retail shopping center in DeMotte, Indiana, a mile from I-65. The plaza is the only shopping center in town with an anchored grocery store, Save-A-Lot. The neighboring tenants include Dollar Tree, Indiana Farm Bureau Insurance, restaurants, a tattoo parlor, and a smoke shop. It is part of the retail corridor that includes CVS, Dunkin’, Subway, Arby’s, Dollar General, and several other businesses.
Lake Holiday Plaza is a retail shopping center in DeMotte, Indiana, a mile from I-65. The plaza is the only shopping center in town with an anchored grocery store, Save-A-Lot. The neighboring tenants include Dollar Tree, Indiana Farm Bureau Insurance, restaurants, a tattoo parlor, and a smoke shop. It is part of the retail corridor that includes CVS, Dunkin’, Subway, Arby’s, Dollar General, and several other businesses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
58,016 SF
Building Class
C
Year Built
1982
Price
$5,444,088 CAD
Price Per SF
$93.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
8.25 AC
Zoning
B2 - General Business
Parking
197 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
631’ on In-10 Hwy
AMENITIES
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Kiosk/Cart Space
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 56-05-12-444-015.000-013 | Improvements Assessment | $1,749,786 CAD |
| Land Assessment | $304,311 CAD | Total Assessment | $2,054,096 CAD |
PROPERTY TAXES
Parcel Number
56-05-12-444-015.000-013
Land Assessment
$304,311 CAD
Improvements Assessment
$1,749,786 CAD
Total Assessment
$2,054,096 CAD
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Lake Holiday Plaza - 58,000 sf Strip Center | 5916 W State Road 10
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