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Property profile & analytics
OFF-MARKET
Lifestyle centers

0 13Th St Decatur, IN 46733

30,300 SF Built 1996
Property ID
Property summary
AI-generated overview

This Decatur, Indiana shopping center, located at Nuttman Ave. & N. 13th St., offers 30,300 square feet of retail space in a multi-tenant building constructed in 1996. The property sits on a 4.34-acre lot and is zoned SC/Shopping Center (APN: 01-02-33-400-005.000-014). Currently, 26,700 square feet is available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 6,000 square feet. The nine suites are situated in a high-traffic area, boasting daily vehicle counts of 5,755 on Nuttman Avenue and 18,858 on US 27, ensuring excellent visibility and accessibility. Existing tenants include the BMV and Cost Cutters Hair Salon, benefiting from the proximity to Rural King. The property presents a compelling investment opportunity with a sale price of $995,000 and lease rates ranging from $6.00 to $8.00 per square foot per year, NNN. This location provides exceptional potential for a variety of retail businesses seeking a prominent presence in a thriving commercial area of Adams County.

Property profile
Verified
Property type Lifestyle centers
Year built 1996
Total area 30,300 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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