6610 Scatterfield RdAnderson, IN 46013

Property Details for 6610 Scatterfield Rd

Year built

2018

Construction

TYPE NOT SPECIFIED

Lot size

2.20 AC

Property size (Sq ft)

9,779 SF

Property type

Retail properties

Property subtype

Auto shops

APN

48-12-32-300-014.001-003

APU

481232300014001003

Description

Exceptional retail leasing opportunity is available within high-traffic Meijer stores across the Midwest. Two spaces are available, ranging from 245 to 350 square feet, with a total of 1,135 square feet in the building. These prime, front-of-store locations offer unparalleled visibility and access to thousands of weekly customers. The all-inclusive monthly fee covers real estate taxes, property insurance, common area maintenance, and utilities. Interior and exterior signage opportunities are available for enhanced brand exposure. These spaces are situated in thriving trade areas with desirable demographics. Ideal for a variety of businesses, including financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. Multiple vacancies exist in Meijer stores throughout the Midwest. The minimum divisible space is 245 square feet, with a maximum contiguous space of 350 square feet. Currently, 595 square feet are vacant. The property is located in Madison County. This "store-within-a-store" concept provides a unique opportunity to establish a presence in one of the Midwest's most recognizable retail destinations.

• CAP approach

  CAP return

  Valuation

  6%

  $1,791,340

  6.5%

  $1,653,544

  7%

  $1,535,434

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,060,424

  Geo Method

  $3,060,424

• Alternative Use

  Use

  Valuation

  Residential

  $1,394,826

  Hospitality

  $1,277,654

  Educational

  $1,062,993

  Medical

  $1,099,551

  Retail

  $1,653,544

Location Insight

City

Anderson

County

Madison

State

Indiana

Latitude

40.05

Longitude

-85.6517

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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