909 Goshen Ave | Elkhart, IN 46516
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- LoopNet Team
909 Goshen Ave
Elkhart, IN 46516
Family Dollar Anchored Value-Add Strip Center · Retail Property For Sale
Investment Highlights
- Family Dollar With New 3 Year Extension, Showing Commitment to the Site
- Improve NOI By Increasing In Place Rent to Market ($10.21 PSF); Filling Vacancy and Converting Gross Leases to Triple Net (NNN)
- Strong Population Density With Over 60,000 Population Within 3- Miles
- 73.5% Occupied = Value-Add Potential
- Acquire the Building at $70 PSF, Well Below Replacement Cost
- Other Important Employers Are the Musical Instruments (Elkhart Brass Manufacturing), Pharmaceuticals and Manufactured Housing and Mobile Homes
Property Facts
Property Type
Retail
Property Subtype
Building Size
17,003 SF
Building Class
C
Year Built/Renovated
1980/1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.95
Lot Size
0.41 AC
Zoning
B2
Parking
60 Spaces (3.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 20-06-09-231-021.000-012 | Improvements Assessment | $447,900 |
| Land Assessment | $103,600 | Total Assessment | $551,500 |
Property Taxes
Parcel Number
20-06-09-231-021.000-012
Land Assessment
$103,600
Improvements Assessment
$447,900
Total Assessment
$551,500
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