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Knox Mall Shopping Center 1209-1319 S Heaton St 85,406 SF 100% Leased Retail Building Knox, IN 46534 $5,360,000 ($62.76/SF) 7.75% Cap Rate
Investment Highlights
- Anchored By Tractor Supply Company, Family Dollar And Five Star Marketplace
- Surrounded By Various Local, Regional And National Retailers
- Community-Essential Retail Shopping Center
- Five Star Marketplace Is The Major Grocery Serving The Regions & Has Been Operating At This Site For 50 Years
- Anchor Tenants Operate Under Triple-Net Leases
- Located Along Main Retail Corridor That Experiences Approximately 13,000 Vehicles Per Day
Executive Summary
The property is 97% occupied and anchored by Five Star Grocery Marketplace (50+ yrs occupancy), Tractor Supply Company (recent long-term renewal) and Family Dollar alongside additional local retailers and service providers. The anchor tenants occupy their spaces under NNN (triple-net) leases, ensuring predictable cash flow and minimal landlord responsibility for property expenses. The remaining in-line tenants provide additional income stability while serving the everyday needs of Knox residents. Positioned on a prime retail corridor, Knox Mall Shopping Center benefits from high visibility, excellent access, and proximity to complementary commercial activity, making it a dominant shopping destination for the local and regional residents of Starke County.
Property Facts Under Contract
Amenities
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
- -
- -
- -
- -
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
- Five Star Of Knox
- Retailer
- -
- -
- -
- -
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- Administrative and Support Services
- -
- -
- -
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Integrity Trade Services is a staffing and workforce solutions company founded in 2008 and headquartered in Frankfort, Illinois. The firm specializes in providing customized staffing services and employment solutions across multiple industries, including manufacturing, logistics, and skilled trades. Integrity Trade Services operates as a privately held organization and focuses on connecting businesses with qualified talent to meet both short-term and long-term workforce needs. Over the years, the company has expanded its service offerings to include on-site management and tailored workforce programs designed to improve operational efficiency for its clients. Integrity Trade Services leverages industry expertise and technology-driven processes to deliver flexible staffing solutions that align with evolving labor market demands.
- Magnum Value Properties, LLC
- Real Estate
- -
- -
- -
- -
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- Retailer
- -
- $6.00
- Triple Net
- May 2026
Tractor Supply Company began in 1938 as a mail-order tractor parts business and later expanded into retail, building a business around serving rural lifestyle needs. The company now offers products for home improvement, agriculture, lawn and garden maintenance, livestock, equine, pet care, and animal wellness. The business also includes Petsense by Tractor Supply and Allivet, extending its reach into pet specialty retail and online pet and animal pharmacy services. Tractor Supply continues to focus on customers pursuing farming, animal care, and hands-on living through stores, digital channels, and related brand offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | - | - | - | |
| Five Star Of Knox | Retailer | - | - | - | - | |
|
|
Administrative and Support Services | - | - | - | - | |
| Magnum Value Properties, LLC | Real Estate | - | - | - | - | |
|
|
Retailer | - | $6.00 | Triple Net | May 2026 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 75-06-27-202-005.400-004 | Improvements Assessment | $857,500 |
| Land Assessment | $440,000 | Total Assessment | $1,297,500 |
Property Taxes
Presented by
Knox Mall Shopping Center | 1209-1319 S Heaton St
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