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Premier Shopping Destination | Louisville MSA 1370 Veterans Pky 39,882 SF 81% Leased Retail Building Online Auction Sale Clarksville, IN 47129
Matterport 3D Tour
Investment Highlights
- Investors can look no further than Veterans Parkway Plaza, an established retail center positioned on Clarksville’s primary retail corridor.
- Perfectly situated to attract consumers across the street from Walmart Supercenter and Sam’s Club and shadow-anchored by Lowe’s.
- Area demographics are excellent for investors with a population on the rise and area spending exceeding $1.6 billion within 5 miles.
- Located at the prime intersection of Veterans Parkway and Interstate 65, this spot is exposed to more than 93,000 vehicles daily.
- Anchored by JenCare Senior Medical Center, this property has a value-add component as buyers can lease out remaining vacancies at market rates.
Executive Summary
Veterans Parkway Plaza provides a premier value-add opportunity in Clarksville’s commercial core.
1370 Veterans Parkway stands out as a prime investment opportunity, boasting an expansive 39,882 square feet of retail space across a single, well-maintained story. The center is thoughtfully divided into 14 versatile units tailored for a variety of tenants, all situated on a generous 3.21-acre lot with 150 surface parking spaces for convenience. Built in 2005, its timeless brick construction gives it lasting appeal and reliability within the Clarksville community. High-visibility pylon and building signage make it easy for customers to spot retailers on-site, further enhancing tenant exposure. Anchored by JenCare Senior Medical Center, the plaza offers a vibrant mix of established tenants including Hertz, Results Physiotherapy, Sports Clips, Kansai Japanese Restaurant, and more. With six vacancies currently available, investors have a unique chance to lease these spaces at market rates, unlocking further value. This retail center combines strategic location, flexible leasing options, and a strong tenant base, making it an attractive choice for investors seeking long-term growth and stability.
Strategically located just 8 miles from downtown Louisville, this Clarksville site presents investors with an excellent opportunity in a vibrant suburban market. The property sits at the crossroads of Veterans Parkway and Interstate 65 and offers exceptional visibility and accessibility. It attracts a steady stream of potential customers. Surrounded by a strong lineup of national retailers, including Wawa, Chick-fil-A, Staples, Target, Best Buy, Panera Bread, and Longhorn Steakhouse, the center benefits from consumer draw and synergy. Its proximity to local landmarks such as Wooded View Golf Course and Indiana University Southeast makes it even more appealing. Investors benefit from a diverse and expanding customer base, creating an environment that fosters long-term growth and strong returns. This makes Veterans Parkway Plaza an exceptional option for those seeking stability and lasting success.
Located in the thriving Louisville metro area, this property benefits from a robust, diverse economy driven by logistics, manufacturing, healthcare, and food and beverage. Major employers and industry leaders ensure stability and long-term growth, while Louisville’s celebrated bourbon and tourism sectors add to the region’s appeal.
For investors seeking reliable returns and steady demand, this site stands out as an exceptional opportunity.
Property tours are available by appointment only. Please contact the listing broker to schedule.
1370 Veterans Parkway stands out as a prime investment opportunity, boasting an expansive 39,882 square feet of retail space across a single, well-maintained story. The center is thoughtfully divided into 14 versatile units tailored for a variety of tenants, all situated on a generous 3.21-acre lot with 150 surface parking spaces for convenience. Built in 2005, its timeless brick construction gives it lasting appeal and reliability within the Clarksville community. High-visibility pylon and building signage make it easy for customers to spot retailers on-site, further enhancing tenant exposure. Anchored by JenCare Senior Medical Center, the plaza offers a vibrant mix of established tenants including Hertz, Results Physiotherapy, Sports Clips, Kansai Japanese Restaurant, and more. With six vacancies currently available, investors have a unique chance to lease these spaces at market rates, unlocking further value. This retail center combines strategic location, flexible leasing options, and a strong tenant base, making it an attractive choice for investors seeking long-term growth and stability.
Strategically located just 8 miles from downtown Louisville, this Clarksville site presents investors with an excellent opportunity in a vibrant suburban market. The property sits at the crossroads of Veterans Parkway and Interstate 65 and offers exceptional visibility and accessibility. It attracts a steady stream of potential customers. Surrounded by a strong lineup of national retailers, including Wawa, Chick-fil-A, Staples, Target, Best Buy, Panera Bread, and Longhorn Steakhouse, the center benefits from consumer draw and synergy. Its proximity to local landmarks such as Wooded View Golf Course and Indiana University Southeast makes it even more appealing. Investors benefit from a diverse and expanding customer base, creating an environment that fosters long-term growth and strong returns. This makes Veterans Parkway Plaza an exceptional option for those seeking stability and lasting success.
Located in the thriving Louisville metro area, this property benefits from a robust, diverse economy driven by logistics, manufacturing, healthcare, and food and beverage. Major employers and industry leaders ensure stability and long-term growth, while Louisville’s celebrated bourbon and tourism sectors add to the region’s appeal.
For investors seeking reliable returns and steady demand, this site stands out as an exceptional opportunity.
Property tours are available by appointment only. Please contact the listing broker to schedule.
Matterport 3D Tour
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- OEA REA
- Title and Insurance
- Survey
- Site Plan
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Restaurant
Building Size
39,882 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2005
Percent Leased
81%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
3.21 AC
Parcel Number
10-14-03-300-540.000-011
Zoning
Commercial
Parking
150 Spaces (3.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signalized Intersection
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 100
- 2,380 SF
- Restaurant
- End Cap
- Jun 2028
- 1000
- 2,040 SF
- Retail
- In-Line
- Now
- 1000
- 2,040 SF
- Retail
- In-Line
- 30 Days
- 1800
- 1,875 SF
- Retail
- End Cap
- 30 Days
- 525
- 1,374 SF
- Retail
- In-Line
- 30 Days
- 550
- 1,275 SF
- Retail
- In-Line
- Now
- 575
- 1,275 SF
- Retail
- In-Line
- 30 Days
| Space | Size | Space Use | Position | Available |
| 100 | 2,380 SF | Restaurant | End Cap | Jun 2028 |
| 1000 | 2,040 SF | Retail | In-Line | Now |
| 1000 | 2,040 SF | Retail | In-Line | 30 Days |
| 1800 | 1,875 SF | Retail | End Cap | 30 Days |
| 525 | 1,374 SF | Retail | In-Line | 30 Days |
| 550 | 1,275 SF | Retail | In-Line | Now |
| 575 | 1,275 SF | Retail | In-Line | 30 Days |
100
| Size |
| 2,380 SF |
| Space Use |
| Restaurant |
| Position |
| End Cap |
| Available |
| Jun 2028 |
1000
| Size |
| 2,040 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1000
| Size |
| 2,040 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
1800
| Size |
| 1,875 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
525
| Size |
| 1,374 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
550
| Size |
| 1,275 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
575
| Size |
| 1,275 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Demographics
Demographics
1 mile
3 mile
5 mile
2024 Population
6,038
58,669
140,385
2020 Population
5,614
55,234
131,502
2029 Population
6,322
61,108
145,902
2024-2029 Projected Population Growth
4.7%
4.2%
3.9%
Daytime Employees
8,317
27,714
98,519
Total Businesses
680
2,854
8,269
Average Household Income
$67,699
$82,059
$80,502
Median Household Income
$57,678
$66,851
$65,036
Total Consumer Spending
$61.4M
$678.6M
$1.6B
Median Age
43.3
40.0
39.8
2024 Households
2,586
24,536
58,778
Percent College Degree or Above
10%
15%
14%
Average Home Value
$167,942
$230,286
$236,397
Nearby Major Retailers
Sale Advisor
Sale Advisor
Richard Deptula, National Director, Investment Advisory Services
Rich Deptula has specialized in the sale of investment properties and loans throughout the nation since joining Friedman in 2004. Throughout his tenure, Rich has been involved in the closing of over 25,000 apartment units and 20,000,000 SF of commercial real estate, with a total value of over $2 billion. Rich is one the nation's leading portfolio disposition specialists within the Friedman Investment Group.
Rich has over 10 years of experience in the acquisition and disposition of investment real estate and note sales including all property types, and over 8 years of experience servicing CMBS related REO and receivership dispositions with over 150 CMBS property related sales. In the past 12 months, Rich has transacted on more than 3.5 million square feet of commercial and over 9,000 apartment units. The clients he serves include all of the CMBS special servicers, life insurance companies and banks, as well as local and national investors.
Rich has over 10 years of experience in the acquisition and disposition of investment real estate and note sales including all property types, and over 8 years of experience servicing CMBS related REO and receivership dispositions with over 150 CMBS property related sales. In the past 12 months, Rich has transacted on more than 3.5 million square feet of commercial and over 9,000 apartment units. The clients he serves include all of the CMBS special servicers, life insurance companies and banks, as well as local and national investors.
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Auction Contact
Jameson Kuykendall
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr RC51500217 Online Auction
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Contact the Sale Advisor
Premier Shopping Destination | Louisville MSA | 1370 Veterans Pky
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Premier Shopping Destination | Louisville MSA | 1370 Veterans Pky
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