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Property profile

2631 16Th St Bedford, IN 47421

OFF-MARKET
Retail properties & Spaces
141,900 SF
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Property summary

AI-generated overview

JayC Plaza, a Class A retail center in Bedford, Indiana, presents an exceptional opportunity for businesses seeking high-visibility locations. This 141,900 square foot property boasts a strong tenant mix, including JayC Foods (Kroger), Marshalls, and Tractor Supply Company, ensuring high foot traffic and brand synergy. Located at the signalized intersection of 16th Street & Beech Street, the plaza offers unparalleled accessibility and visibility. The property features a single building with 650 parking spaces, providing ample convenience for customers. Four suites are available, ranging from a minimum of 1,208 square feet to a maximum contiguous space of 6,208 square feet, offering flexibility for various business needs. A total of 13,909 square feet is currently vacant. The property underwent renovations in 2021, ensuring modern and well-maintained facilities. Situated in Lawrence County, Indiana, with a zip code of 47421, this location benefits from a strong local economy and convenient access to major transportation routes. This grocery-anchored center provides a robust and established retail environment, ideal for businesses seeking a thriving and visible location. The property's prime location and impressive tenant roster make it an exceptional investment opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 141,900 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
  • Pharmacy
  • Gas Station
  • Atm Currency Exchange Service
  • Grocery & Convenience Store Food Market
  • Bank Credit Union

Location

2631 16Th St Bedford, IN 47421
Bedford metro
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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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