Property profile

6245 Old Fremont, IN 46737

OFF-MARKET
Shopping malls
110,511 SF 47.8 ac lot Built 1993
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Property summary

AI-generated overview

The Outlet Shoppes at Fremont, a vibrant shopping center in Steuben County, Indiana, offers an exceptional retail investment opportunity. This 110,511 square foot property, built in 1993, features two single-story buildings with a total of 27 suites, currently boasting 50,368 square feet of vacant space. Units range from a minimum of 1,488 square feet to a maximum contiguous space of 14,850 square feet, providing flexibility for various retail concepts. The property sits on 47.8 acres of land and includes 902 parking spaces, ensuring ample customer convenience. Its strategic location off I-69 and the Indiana 80/90 Toll Road guarantees high visibility and accessibility, attracting a diverse customer base including families, young professionals, and retirees. The proximity to Trine University, experiencing significant growth, further enhances the potential customer pool. Adding to the opportunity, two additional land parcels are available for lease: Parcel 4 (32.2 acres) and Parcel 3 (15.6 acres). The property's established reputation for value attracts both bargain hunters and brand-loyal shoppers, creating a dynamic shopping environment. This is a unique chance to capitalize on a thriving retail location in Northeast Indiana. The property's address is conveniently located near North Old US 27, and its APN is 760323000030010006.

Property profile

Verified
Property type Shopping malls
Year built 1993
Total area 110,511 SF
Lot 47.8 ac (2,082,168 SF)

Cap rate & NOI

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

Location

6245 Old Fremont, IN 46737
Fremont metro
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Value estimations

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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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