Fully Leased Neighborhood Retail Center - 200-300 Southbridge St, Mooresville, IN 46158

Colliers International’s Retail Solutions Group has been retained as the exclusive advisor for the sale of Southbridge Crossing located at 200-300 Southbridge Street, Mooresville, IN (“The Property”). Southbridge Crossing is a meticulously maintained 54,514 square foot neighborhood retail center which enjoys access via a signalized intersection off of the highly trafficked State Road 67 connecting Mooresville to Indianapolis. The asset which sits under 10 miles south of Indianapolis is located in a highly concentrated retail area in an otherwise amenity desert. This asset provides investors an attractive tenant roster with numerous renewal options with rent bumps and high quality spaces with over $1.3M spent on capital improvements since 2014. The potential investor will immediately benefit from long-term stable cash flow alongside noteworthy value-add potential in the expansion of the center via developable land and the movement of rents up to market levels.

Remarkable consumer exposure along State Road 67 with daily average traffic counts exceeding 27,000 vehicles
Less than half a mile from TOA manufacturing facility
Market leading parking counts - over 10 spaces per 1,000 SF
One of only three retail centers in a 3-mile radius
Highly risk-adjusted investment opportunity priced at less than 25% of replacement cost