• Southgate Plaza - 1902 E 53rd St, Anderson, IN 46013

This property isn't on the market right now.

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 Type
    Retail
  • Year Built
    1988
  • Total Acres
    0.23
  • Zoning
    B3
  • Property ID
    1908383

Landlord's Leasing Representatives

  • Alex Davenport
    Colliers International
     
  • Alex Cantu
    Colliers International