13Th St Decatur, IN 46733
- Lifestyle centers
- 30,300 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 0 13Th St
- Year built
- 1996
- Property size
- 30,300 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Adams
- State
- Indiana
- Longitude
- -84.9404
- Latitude
- 40.8335
