Shoppes at Whitestown | Lot 3 Whitestown, IN

6065 Perry Worth Road
Whitestown, IN

Price: $2,781,000
Cap Rate: 7.00%
NOI: $194,700
Building Size: Approx. 5,000 Sq. Ft.
Lot Size: Approx. 0.93 Acres
Type: Multi-Tenant / Retail
Sub Category: Fast Casual
Year Built: 2022

Investment Overview

  • 2022 Construction. 5,000+/- SF Building on 0.93+/- Acre Site. 100% Leased.
  • Long term NNN leases with complimentary and internet/recession proof tenants including nationally recognized Tropical Smoothie Café, Chicken Salad Chick, Eyeglass World, and American Mattress.
  • Newly constructed and fully leased outparcel to a recently developed and fully leased class A regional power center anchored by Hobby Lobby, Burlington, TJ Maxx, Ross and Planet Fitness.
  • High profile and heavily trafficked interstate exit location with traffic counts in excess of 88,300 on I-65 and 31,500 on Whitestown Pkwy.
  • Other tenants at the exit include Meijer, Lowe’s, Ashley, Five Below, Petco, Old Navy and dozens of restaurants, convenience stores, gas stations, banks, hotels and medical facilities.
  • Whitestown has been the fastest growing community in Indiana every year for a decade with population growth of approx. 59% since 2010 within a 5-mile radius of subject property.
  • Indianapolis | Crossroads of America |  Population: 880,621+

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