Property Details
Southgate Plaza provides investors the opportunity to acquire a well maintained, desirable 9,900 sf retail asset perfectly located along 53rd street. the busiest retail corridor in Anderson. The property is positioned just West of Hoosier Park Racing & Casino along the 53rd St and IN-9 / S Scatterfield Rd intersection retail corridor which enjoys over 22,950 vehicles per day. The 100% occupied property provides investors a wonderful cash-flow opportunity with ample parking and easy access to a reliable, highly demanded tenant base on a signalized intersection.
Historical occupancy of more than 90% over the last decade, lending to its long-term viability as a stable, reliable investment
Significant supply constraints in the immediate corridor
Close proximity to Hoosier Park Racing and Casino
Dense commercial and residential corridor surrounded by national QSR
- Property TypeRetail
- Year Built1988
- Total Acres0.23
- ZoningB3
- Property ID1908383