1021 Kercher Rd, Goshen, IN 46526-5305
This exceptional 12,000 square foot shopping center in Goshen, Indiana, presents a compelling investment opportunity. Built in 2021, the single-story building sits on a 1.61-acre lot (APN 20-11-22-451-008.000-015) and is zoned Goshen9. Currently, 48% occupied (6,200 net rentable square feet) by two tenants under 10-year leases commencing April 20, 2023, and expiring April 20, 2033, the property offers significant upside. The existing tenants, Big C's BBQ and The Coffee Depot, contribute to a strong, established base. An additional 6,200 square feet of versatile space is available for lease, ideal for retail or office use, and easily adaptable to accommodate 2-3 additional tenants. The property benefits from its strategic location near an industrial park, established residential areas, and a planned 1,200-home subdivision, promising substantial future growth. The asking price is $1,800,000 ($150/sq ft). This high-quality, low-maintenance property offers a strong return on investment and long-term lease security. The property's prime location and development potential make it an attractive addition to any portfolio.
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Big C's BBQ Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Goshen, INGoshen. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.