4749 S Scatterfield Rd
Anderson, IN 46013
Scatterfield Pavilion · Retail Property For Sale

Marcus & Millichap is pleased to exclusively present for your acquisition review Scatterfield Pavilion in Anderson, Indiana. Scatterfield Pavilion is a 12,267 square foot multi-tenant retail center positioned on about 1.19 acres along Scatterfield Road. There are several big-box national retailers across the street including Walmart, Kohl’s, Hobby Lobby, Big Lots, Shoe Carnival, Planet Fitness, Dollar Tree & Payless. Harrah’s Hoosier Park Racing & Casino also sits across the street and is a major economic driver in Anderson, and sees an estimated 8,000 to 10,000 visitors per day. Scatterfield Road boasts the highest traffic counts in the market with more than 30,000 vehicles daily flowing up and down this dense retail corridor. Anderson is considered the regional retail destination for all of Madison County with more than 130,000 residents. Scatterfield Pavilion is comprised of 5 suites and is currently fully occupied. The center has a strong mix of national tenants including Jimmy John’s, Sun Tan City, Refresh Dental, Sports Clips and AT&T. All of the leases are triple net, with each tenant reimbursing for their pro-rata share of expenses associated with the property. There is minimal near term lease rollover risk, providing an investor with the opportunity to acquire a fully stabilized center with minimal responsibility and upside potential in capturing the scheduled rent increases.