Property profile

1047 Smaltz Way Auburn, IN 46706

OFF-MARKET
Retail properties & Spaces
15,984 SF 0.19 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional 1,584 square foot retail suite is situated within the Auburn Shoppes, a Class B retail center built in 2006. The property boasts a convenient location in Auburn, Indiana, at 1047 Smaltz Way, with ample parking and excellent visibility. The suite is part of a larger 15,984 square foot building comprised of five individual suites, offering a flexible tenancy arrangement. The property sits on 0.194 acres of land and is zoned SC. Its strategic location offers immediate access to I-69 and is surrounded by major retailers, including Buffalo Wild Wings and Cebollas Mexican Restaurant, as well as Fort Wayne Orthopedics, Hampton Inn, NCG Cinema, Walmart, Steak N Shake, Applebee's, Popeyes, Home Depot, and Lutheran Health. This high-traffic retail corridor ensures significant foot and vehicle traffic. The suite offers longer-term lease options ranging from 36 to 60 months, providing stability and opportunity for growth. The DeKalb County property (APN: 17-05-36-200-053.000-012) is a single-story building and presents a fantastic opportunity for businesses seeking a prominent location in a thriving commercial area. The property is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2006
Total area 15,984 SF
Lot 0.19 ac (8,451 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store

Location

1047 Smaltz Way Auburn, IN 46706
Auburn metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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