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State Mapleton Center - Columbus IN 2150 State St 18,892 SF 100% Leased Retail Building Columbus, IN 47201 $2,171,000 ($114.92/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Tenancy: Dollar General & Dollar Tree
- Brand New 10-Yr Dollar Tree lease
- Corner location with strong traffic counts, dense trade area
- Outparcel Opportunity - Value Add Opportunity
- Strong Placer.ai data for long-time Dollar General
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
18,892 SF
Building Class
C
Year Built
1963
Price
$2,171,000
Price Per SF
$114.92
Cap Rate
7.25%
NOI
$157,378
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.55 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
77 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
-
Jan 0000
Dollar Tree is a discount variety store offering a range of everyday household goods including cleaning supplies, groceries, health and beauty items, party supplies, toys, school products, and seasonal décor. As part of a multi-unit national retail chain, this store integrates retail convenience, value pricing, and a consistent product mix alongside its broader corporate network. The brand continues to focus on store network expansion and community accessibility.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-96-30-130-003.200-005 | Improvements Assessment | $881,000 |
| Land Assessment | $253,900 | Total Assessment | $1,134,900 |
PROPERTY TAXES
Parcel Number
03-96-30-130-003.200-005
Land Assessment
$253,900
Improvements Assessment
$881,000
Total Assessment
$1,134,900
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State Mapleton Center - Columbus IN | 2150 State St
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