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Property profile & analytics
OFF-MARKET Estimated value $3,350,000
Outlet malls

3900 Market St Logansport, IN 46947-2239

77,552 SF 11.69 ac lot Built 1969
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1563760
Property summary
AI-generated overview

The Junction, located at 3900-3902 E Market St, Logansport, IN 46947, offers exceptional retail space for lease within a vibrant regional mall redevelopment. This multi-tenant property boasts a total of six suites, with available spaces ranging from 1,500 to 10,924 square feet. The minimum divisible space is 10,924 square feet, providing flexibility for various business needs. Currently, there is one space immediately available. This prime location benefits from strong anchor tenants, including a Walmart and Home Depot, providing significant traffic and visibility. The property is experiencing exciting growth with the imminent arrival of Marshalls, Ollie's Bargain Outlet, and Five Below, further enhancing the shopping destination's appeal and drawing a larger customer base. This presents a unique opportunity to establish a presence in a thriving retail environment with significant potential for growth and success. The property is situated in Cass County and offers a strategic location for businesses seeking to capitalize on the area's robust retail market. Interested parties are encouraged to inquire about lease terms and availability for this exceptional retail opportunity. The property's location within a revitalized mall ensures high foot traffic and visibility, making it an ideal location for a variety of retail businesses.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1969
Construction TYPE NOT SPECIFIED
Total area 77,552 SF
Lot 11.69 ac (509,260 SF)
APN 09-17-28-200-014.000-010
UPID US31-1563760
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.35M
Owner & transaction history
3900 E MARKET ST LLC
3900 E MARKET ST LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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