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530 Westfield Rd
Noblesville, IN 46060
Western Plaza · Retail Property For Sale
Investment Highlights
- Starbucks, Fresenius, and Sherwin Williams account for 45% of the center’s revenue
- Both Fresenius and Sherwin Williams have occupied the center since 1998. Western Plaza has a weighted occupancy history of 13 years
- Above average household incomes of $95,744 within one mile, $118,822 within three miles, and $135,224 within five miles
- Tenants include Fresenius Dialysis Clinic, Sherwin Williams, a free-standing Starbucks, Wings Etc. and a mix of internet resistant local tenants
- The main campus of Riverview Health is located adjacent south of Western Plaza. The hospital has 161 beds
- Surrounding residential populations of 6,707 within one mile, 40,877 within three miles, and 113,476 within five miles
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,789 SF
Building Class
B
Year Built/Renovated
1975/1998
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.01
Lot Size
4.57 AC
Zoning
C - Commercial
Parking
37 Spaces (20.68 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 29-06-36-000-014.000-013 | Improvements Assessment | $2,759,500 |
| Land Assessment | $1,610,000 | Total Assessment | $4,369,500 |
Property Taxes
Parcel Number
29-06-36-000-014.000-013
Land Assessment
$1,610,000
Improvements Assessment
$2,759,500
Total Assessment
$4,369,500
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