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5914 W State Road 10 58,095 SF 100% Leased Retail Building Demotte, IN 46310 $4,350,000 ($74.88/SF) 8.20% Cap Rate



INVESTMENT HIGHLIGHTS
- Sav A Lot and Dollar Tree Anchored
- One half mile to Interstate 65
- 700' Highway Frontage
- Central Shopping Hub
- 1.26 AC and 0.92 AC Out lots available
- Multiple Monument Signs
EXECUTIVE SUMMARY
Sav-A-Lot and Dollar Tree Anchored.
1.26 AC and 0.92 AC Out lots available
Central Shopping Hub.
One half mile to I-65.
100% occupancy.
Prime Investment Opportunity
Sav-A-Lot and Dollar Tree anchored plaza. Central to Communities of Roselawn and Demotte, IN. One half mile to Interstate 65. 700' State Highway 10 Frontage. 100% leased. Out lots available subject to offer.
Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape - the Sav-A-Lot and Dollar Tree anchored Lake Holiday Plaza. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region.
Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far.
The plaza is anchored by two major retail giants - Sav-A-Lot and Dollar Tree. Sav-A-Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, on the other hand, is a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to the plaza, contributing to its vibrant atmosphere.
Setting this plaza apart is its 100% leased status. Every square foot of retail space is occupied, reflecting the strong demand for quality retail locations in this area. This full occupancy not only speaks volumes about the economic health of Roselawn and Demotte but also provides a diverse shopping experience for customers.
In addition to the anchor stores, the plaza houses a variety of other businesses that cater to different needs. From restaurants offering delicious food to specialty stores selling unique products, there's something for everyone here. This diversity not only enhances the shopping experience but also contributes to the local economy by providing jobs and generating revenue.
Even with it’s current success, the plaza continues to evolve with available out lots. offering potential for further development, providing an opportunity for new businesses to establish themselves in this thriving community. Whether it's a new restaurant, a boutique, or a service-oriented business, these lots are ready to welcome new ventures that will add to the plaza's appeal.
1.26 AC and 0.92 AC Out lots available
Central Shopping Hub.
One half mile to I-65.
100% occupancy.
Prime Investment Opportunity
Sav-A-Lot and Dollar Tree anchored plaza. Central to Communities of Roselawn and Demotte, IN. One half mile to Interstate 65. 700' State Highway 10 Frontage. 100% leased. Out lots available subject to offer.
Nestled in the heart of the vibrant communities of Roselawn and Demotte, Indiana, lies a bustling commercial hub that has become an integral part of the local landscape - the Sav-A-Lot and Dollar Tree anchored Lake Holiday Plaza. This thriving retail center is not just a shopping destination, but a testament to the economic vitality of the region.
Strategically located just half a mile from Interstate 65, the plaza is easily accessible to both local residents and visitors alike. With 700 feet of frontage on State Highway 10, it offers high visibility and easy access, making it an attractive destination for shoppers from near and far.
The plaza is anchored by two major retail giants - Sav-A-Lot and Dollar Tree. Sav-A-Lot, a popular discount supermarket chain, offers a wide range of groceries at affordable prices. Dollar Tree, on the other hand, is a national company known for selling an assortment of goods for less. Together, these stores draw a steady stream of customers to the plaza, contributing to its vibrant atmosphere.
Setting this plaza apart is its 100% leased status. Every square foot of retail space is occupied, reflecting the strong demand for quality retail locations in this area. This full occupancy not only speaks volumes about the economic health of Roselawn and Demotte but also provides a diverse shopping experience for customers.
In addition to the anchor stores, the plaza houses a variety of other businesses that cater to different needs. From restaurants offering delicious food to specialty stores selling unique products, there's something for everyone here. This diversity not only enhances the shopping experience but also contributes to the local economy by providing jobs and generating revenue.
Even with it’s current success, the plaza continues to evolve with available out lots. offering potential for further development, providing an opportunity for new businesses to establish themselves in this thriving community. Whether it's a new restaurant, a boutique, or a service-oriented business, these lots are ready to welcome new ventures that will add to the plaza's appeal.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
58,095 SF
Building Class
C
Year Built
1976
Price
$4,350,000
Price Per SF
$74.88
Cap Rate
8.20%
NOI
$356,700
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
5.78 AC
Zoning
B-2 - General Business- See Permitted use and Planning Guide pdf in Documents.
Frontage
700’ on East St Rd 10
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- China Wok
- Accommodation and Food Services
- 1,500 SF
- -
- -
- Compass Travel Centers
- Administrative and Support Services
- 1,980 SF
- -
- -
- Dollar Tree
- Retailer
- 8,000 SF
- -
- -
- Indiana Farm Bureau Insurance
- Finance and Insurance
- 1,980 SF
- -
- -
- La Mexicana
- Accommodation and Food Services
- 2,660 SF
- -
- -
- Reith-Reiley/INDOT
- Construction
- 1,500 SF
- -
- -
- Restored
- Retailer
- 13,840 SF
- -
- -
- Revelations Tattoo
- Services
- 1,500 SF
- -
- -
- Rooted Vibe
- Retailer
- 3,300 SF
- -
- -
- Sav A Lot
- Accommodation and Food Services
- 19,175 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| China Wok | Accommodation and Food Services | 1,500 SF | - | - | ||
| Compass Travel Centers | Administrative and Support Services | 1,980 SF | - | - | ||
| Dollar Tree | Retailer | 8,000 SF | - | - | ||
| Indiana Farm Bureau Insurance | Finance and Insurance | 1,980 SF | - | - | ||
| La Mexicana | Accommodation and Food Services | 2,660 SF | - | - | ||
| Reith-Reiley/INDOT | Construction | 1,500 SF | - | - | ||
| Restored | Retailer | 13,840 SF | - | - | ||
| Revelations Tattoo | Services | 1,500 SF | - | - | ||
| Rooted Vibe | Retailer | 3,300 SF | - | - | ||
| Sav A Lot | Accommodation and Food Services | 19,175 SF | - | - |
PROPERTY TAXES
| Parcel Number | 56-05-12-444-015.000-013 | Improvements Assessment | $1,253,500 |
| Land Assessment | $218,000 | Total Assessment | $1,471,500 |
PROPERTY TAXES
Parcel Number
56-05-12-444-015.000-013
Land Assessment
$218,000
Improvements Assessment
$1,253,500
Total Assessment
$1,471,500
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5914 W State Road 10
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