1802-1826 E State Road 44 | Shelbyville, IN 46176
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1802-1826 E State Road 44
Shelbyville, IN 46176
Rivergate Shopping Center | Shelbyville, IN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 93% Occupied, 45,314-Square-Foot Daily Needs Retail Center Located in the Indianapolis MSA
- Priced Below Replacement Cost: Low in-place rents keep competition from developing new retail centers on any available land parcels
- Strategic Location Shadow Anchored by Rural King: Rivergate Shopping Center is shadow anchored by Rural King
- Diverse Mix of Traditional Soft Goods Retailers, Fitness, Financial Service Providers, and Medical Service-Based Providers
- Excellent Accessibility and Visibility Along IN-44, Shelbyville’s Main Retail Corridor: Shelbyville is located southeast of Indianapolis along I-74
- Shelbyville is the County Seat of Shelby County and is Located in the Indianapolis MSA (2.65M People)
PROPERTY FACTS
Property Type
Retail
Building Size
45,314 SF
Building Class
B
Year Built/Renovated
1986/1995
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Slab To Slab
15’
Building FAR
0.12
Lot Size
8.96 AC
Zoning
Commercial - General commercial zoning for various business activities.
Parking
656 Spaces (5.86 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 73-11-04-200-058.000-002 | Improvements Assessment | $1,884,500 |
| Land Assessment | $598,400 | Total Assessment | $2,482,900 |
PROPERTY TAXES
Parcel Number
73-11-04-200-058.000-002
Land Assessment
$598,400
Improvements Assessment
$1,884,500
Total Assessment
$2,482,900
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